Shakey’s Pizza Asia Ventures, Inc.: Private Placement – Additional Listing
April 01, 2022 at 02:13 am EDT
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NOTICE
Subject
Shakey's Pizza Asia Ventures, Inc.: Private Placement - Additional Listing
Company Name
Shakey's Pizza Asia Ventures, Inc.
Security Details
Type of Security
Stock Symbol
Par Value
Common Shares
PIZZA
Php 1.00
Type of Transaction(s)
Private Placement
Date of PSE Approval
Jan 26, 2022
Transaction Ratio (if applicable)
-
Transaction Value
Php 1,250,000,789
Details of the Transaction
Subscriber
Consideration
Transaction Price
Stock Symbol
Number of Shares Issued
JE Holdings, Inc.
Cash
1,250,000,005
PIZZA
152,439,025
Lance Y. Gokongwei
Cash
793
PIZZA
100
Lock-up Details (if applicable)
Duration of Lock-up
N/A
Applicable Lock-up Rule
N/A
Escrow Agent
N/A
Date of Execution of Escrow Agreement
N/A
Details of the Mandatory Lock-up
Name of Shareholder
No. of Shares
Stock Symbol
Percentage
-
-
-
-
Details of the Voluntary Lock-up (if applicable)
Name of Shareholder
No. of Shares
Stock Symbol
Percentage
-
-
-
-
Shares to be Listed
Stock Symbol
No. of Shares
PIZZA
152,439,125
Tradable Shares
Stock Symbol
No. of Shares
PIZZA
152,439,125
Listing Date
Apr 5, 2022
Adjustments
Issued Shares (if applicable)
Type of Security / Stock Symbol
Before
After
PIZZA
1,683,760,178
1,683,760,178
Outstanding Shares (if applicable)
Type of Security / Stock Symbol
Before
After
PIZZA
1,683,760,178
1,683,760,178
Listed Shares
Type of Security / Stock Symbol
Before
After
PIZZA
1,531,321,053
1,683,760,178
Other Relevant Information
Shakey's Pizza Asia Ventures, Inc.'s ("PIZZA" or the "Company") Board of Directors (the "Board") approved the subscriptions of the following subscribers with details below:
1. JE Holdings, Inc.'s subscription to 152,439,025 PIZZA common shares at the subscription price of Php 8.20 per share, for a transaction value of Php 1,250,000,005.00; and
2. Mr. Lance Gokongwei subscription to 100 PIZZA common shares at the subscription price of Php 7.93 per share, for a transaction value of Php 793.00.
The said shares were issued to JE Holdings Inc, and Mr. Gokongwei on August 6, 2021 and August 9, 2021, respectively.
Please refer to C03290-2021 dated May 12, 2021 for the relevant disclosure.
As of April 1, 2022, the Company has complied with all the applicable requirements for the listing of the said shares. The number of PIZZA's listed common shares will be accordingly adjusted on listing date.
For your information and guidance.
Filed on behalf by:
Name
Norberto Moreno Jr.
Designation
Listings Department
Attachments
Original Link
Original Document
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Disclaimer
Shakey's Pizza Asia Ventures Inc. published this content on 01 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 April 2022 06:12:03 UTC.
Shakey's Pizza Asia Ventures Inc. is a Philippines-based company, which is engaged in chained pizza full-service restaurant, chained full-service restaurant, and chained kiosks. The Companyâs segments include Restaurant Sales and Franchise and Royalty Fee. The Restaurant sales segment is engaged in restaurant activities and sale of merchandise and equipment to franchisees. The Franchise and royalty fees segment represent payment of sub dealers for the use of the Shakeyâs, Peri-Periâs and Potato Corner brands. The Company operates over 300 stores. Its brands include Shakey's Pizza Parlor, Peri-Peri Chicken Charcoal Chicken and Sauce Bar, Potato Corner, Project Pie, R&B Team, and Bakemaster Inc. Shakey's Pizza Parlor owns and operates Company-owned stores as well as franchise the brand, enabling Company to branch out to second- and third-tier cities. Potato Corner is a kiosk-based food brand. Bakemaster Inc. supplies airline caterers, hotels, restaurants, and sandwich chains.