LN00293-2021

NOTICE

Subject Sta. Lucia Land, Inc.: Follow-on Public Offering - Preliminary Terms and Conditions
Company Name Sta. Lucia Land, Inc.
Mode of Listing Follow-on Public Offer
Security Details
Type of Security Stock Symbol Par Value
Common Shares SLI Php 1.00
Issued Shares (Pre and Post-Offer)
Stock Symbol Type of Shares Number of shares
Pre-Offer
Number of shares
Post-Offer
SLI Common 10,796,450,000 Up to 13,796,450,000
Outstanding Shares (Pre and Post-Offer)
Stock Symbol Type of Shares Number of shares
Pre-Offer
Number of shares
Post-Offer
SLI Common 8,196,450,000 Up to 11,196,450,000
Treasury Shares (Pre and Post-Offer) (if applicable)
Stock Symbol Type of Shares Number of shares
Pre-Offer
Number of shares
Post-Offer
SLI Common 2,600,000,000 2,600,000,000
Primary Offer Shares
Stock Symbol No. of Shares
SLI Up to 2,500,000,000
Secondary Offer Shares (if applicable)
Stock Symbol No. of Shares
- -
Total Firm Offer Shares
Stock Symbol No. of Shares
SLI Up to 2,500,000,000
Over-Allotment or Oversubscription Option Shares (if applicable)
Stock Symbol No. of Shares
SLI Up to 500,000,000
Total Shares Applied for Listing
Stock Symbol No. of Shares
SLI Up to 3,000,000,000
Offer Price Php2.38 to Php3.29
Market Capitalization (Post-IPO) -
TP Allocation Up to 500,000,000 Shares equivalent to Php1,645,000,000.00
Allocation per TP Up to 4,000,000 Preferred Shares equivalent to Php13,160,000.00
LSI Allocation N/A
Estimated Public Float (with Overallotment/Oversubscription) 37.34%
Estimated Public Float (without Overallotment/Oversubscription) 40.14%
Total Shares Under Escrow
Stock Symbol No. of Shares Duration of Lock-up
- - -
Parties to the Offer
Function Name of the Party
Sole Issue Manager, Lead Underwriter and Bookrunner China Bank Capital Corporation
Legal Counsel to the Company Martinez Vergara Gonzalez & Serrano
Legal Counsel to the Sole Issue Manager, Lead Underwriter and Bookrunner Romulo Mabanta Buenaventura Sayoc & de los Angeles
Stock Transfer Agent Professional Stock Transfer, Inc.
Receiving Agent Professional Stock Transfer, Inc.
Escrow Agent N/A
External Auditor SyCip Gorres Velayo and Co.
Price-Setting Date Nov 5, 2021
Start of Offer Period Nov 11, 2021
End of Offer Period Nov 17, 2021
Tentative Listing Date Nov 26, 2021
Corporate Website Hyperlink to the Prospectus http://stalucialand.com.ph/investor-relations/
Other Relevant Information

The Exchange approved the application of Sta. Lucia Land, Inc. (“SLI” or the “Company”) for the listing of up to 3,000,000,000 common shares (the “Offer Shares”), subject of the follow-on public offering (the “Offer”) of the Company, at an offer price of Php2.38 to Php3.29 (“Offer Price”) per Offer Share.

The details of the Offer are as follows:

a. Firm Shares: Up to 2,500,000,000 common shares, which will be issued and offered to the public on a primary basis; and

b. Oversubscription Option: The Company and China Bank Capital have an option, exercisable in whole or in part by mutual agreement, to offer up to an additional [500,000,000] Over-subscription Shares, during the Offer Period, on the same terms as the Firm Shares as set forth in the Prospectus, solely to cover oversubscriptions, if any.

The Exchange’s approval of the conduct of the FOO and listing of the Company’s shares is subject to its compliance with all of the conditions and post-approval requirements of the Exchange.

The Exchange will advise the investing public of developments on the Offer of the Company.

For your information and guidance.

Filed on behalf by:
Name Norberto Moreno Jr.
Designation Listings Department