NOTICE
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Subject
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OceanaGold (Philippines), Inc.: Initial Public Offering - Final Terms and Conditions
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Company Name
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OceanaGold (Philippines), Inc.
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Mode of Listing
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Initial Public Offering
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Security Details
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Type of Security
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Stock Symbol
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Par Value
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Common Shares
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OGP
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Php 0.10
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Issued Shares (Pre and Post-Offer)
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Stock Symbol
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Type of Shares
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Number of shares
Pre-Offer
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Number of shares
Post-Offer
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OGP
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Common Shares
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2,280,000,000
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2,280,000,000
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Outstanding Shares (Pre and Post-Offer)
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Stock Symbol
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Type of Shares
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Number of shares
Pre-Offer
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Number of shares
Post-Offer
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OGP
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Common Shares
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2,280,000,000
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2,280,000,000
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Treasury Shares (Pre and Post-Offer) (if applicable)
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Stock Symbol
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Type of Shares
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Number of shares
Pre-Offer
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Number of shares
Post-Offer
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OGP
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Common Shares
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2,280,000,000
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2,280,000,000
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Primary Offer Shares
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Stock Symbol
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No. of Shares
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OGP
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-
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Secondary Offer Shares (if applicable)
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Stock Symbol
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No. of Shares
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OGP
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456,000,000
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Total Firm Offer Shares
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Stock Symbol
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No. of Shares
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OGP
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456,000,000
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Over-Allotment or Oversubscription Option Shares (if applicable)
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Stock Symbol
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No. of Shares
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OGP
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-
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Total Shares Applied for Listing
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Stock Symbol
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No. of Shares
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OGP
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456,000,000
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Offer Price
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13.33
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Market Capitalization (Post-IPO)
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Php 30,392,400,000.00
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TP Allocation
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91,200,000 common shares
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Allocation per TP
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747,500 common shares
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LSI Allocation
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45,600,000 common shares
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Estimated Public Float (with Overallotment/Oversubscription)
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N/A
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Estimated Public Float (without Overallotment/Oversubscription)
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20.00%
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Dividend Rate
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Stock Symbol
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Dividend Rate
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-
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-
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Total Shares Under Escrow
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Stock Symbol
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No. of Shares
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Duration of Lock-up
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OGP
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121,500,000
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180 Days
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OGP
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1,702,500,000
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365 Days
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Parties to the Offer
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Function
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Name of the Party
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Global Coordinator and Domestic Underwriter and Bookrunner
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BDO Capital & Investment Corporation ("BDO Capital")
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Selling Agents
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Trading Participants of the Exchange
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Counsel to the Issuer
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SyCip Salazar Hernandez & Gatmaitan
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Counsel to the Underwriters
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Picazo Buyco Tan Fider & Santos
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Stabilizing Agent
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BDO Capital
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Sole International Transaction Counsel
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Milbank (Hong Kong) LLP
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Selling Shareholder
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OceanaGold (Philippines) Holdings, Inc.
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Stock Transfer Agent
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Stock and Transfer Services, Inc
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Receiving Agent
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Stock and Transfer Services, Inc.
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Escrow Agent
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BDO Unibank, Inc. - Trust and Investments Group
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External Auditor
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Isla Lipana & Co.
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Price/Dividend Rate Setting Date
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Apr 23, 2024
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Start of Offer Period
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Apr 29, 2024
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End of Offer Period
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May 6, 2024
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Tentative Listing Date
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May 13, 2024
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Corporate Website Hyperlink to the Prospectus
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https://didipiomine.com.ph/prospectus
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Other Relevant Information
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The Exchange approved the application of OceanaGold (Philippines), Inc. ("OGP" or the "Company") for the initial listing of 2,280,000,000 common shares, with a par value of Php0.10 per share, under the Main Board of the Exchange, which includes the shares subject of the Company's Initial Public Offering ("IPO" or "Offer").
The IPO will have a firm offer of 456,000,000 secondary common shares with an offer price of Php 13.33 per share.
The Company has appointed BDO Capital to act as stabilizing agent. The Stabilizing Agent has set aside a stabilization fund equivalent to 10% of the aggregate Offer, which the Stabilizing Agent may use to conduct stabilization activities during a period beginning from the date of listing of the Common Shares on the PSE.
Attached is a copy of the signed Final Offer Terms Sheet.
The Exchange's approval of the conduct of the IPO and listing of the Company's shares is subject to its compliance with any and all of the post-approval conditions and requirements of the Exchange, the Securities and Exchange Commission and other relevant regulatory bodies. The same is without prejudice to any regulatory action that may be undertaken by the Exchange pursuant to its mandate to maintain a fair, orderly, efficient and transparent market for the trading of securities and to determine the suitability of securities for listing.
The Exchange will advise the investing public of further developments on the IPO of the Company.
For your information and guidance.
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Filed on behalf by:
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Name
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Norberto Moreno Jr.
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Designation
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Listings Department
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Oceanagold (Philippines) Inc.