CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Jun 6, 2023
2. SEC Identification Number
77487
3. BIR Tax Identification No.
000-388-771
4. Exact name of issuer as specified in its charter
JOLLIBEE FOODS CORPORATION doing business under the name and style of Jollibee
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
10/F JOLLIBEE PLAZA BUILDING, 10 F. ORTIGAS JR. AVENUE, ORTIGAS CENTER, PASIG CITY Postal Code1605
8. Issuer's telephone number, including area code
(632) 8634-1111
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common
1,119,219,065
Treasury
16,447,340
Preferred Shares (JFCPA)
3,000,000
Preferred Shares (JFCPB)
9,000,000
11. Indicate the item numbers reported herein
-
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
Jollibee Foods CorporationJFC
PSE Disclosure Form 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
Amendments to Articles of Incorporation
Background/Description of the Disclosure
We disclose that the Board of Directors approved the amendment to the Second Article of the Amended Articles of Incorporation of the Company. The approval by the stockholders of the proposed amendment to the Second Article will be sought to remove from the primary purpose, the ability of the Corporation to directly own real properties, but to retain the company's ability to invest in companies that own real properties, including land, within the limits allowed by applicable laws.
The ratification of the above matters will be taken up during the Annual Stockholders' Meeting to be held on June 30, 2023 and the necessary notices be sent for the purpose of presenting to the stockholders the aforesaid matters to secure their required approval.
The proposed amendment to the Articles of Incorporation shall be effective after approval by the Securities and Exchange Commission.
Date of Approval by Board of Directors
Jun 5, 2023
Date of Approval by Stockholders
TBA
Other Relevant Regulatory Agency, if applicable
N/A
Date of Approval by Relevant Regulatory Agency, if applicable
N/A
Date of Approval by Securities and Exchange Commission
TBA
Date of Receipt of SEC approval
TBA
Amendment(s)
Article No.
From
To
SECOND
Please see attached.
Please see attached.
Rationale for the amendment(s)
Pursuant to the approval of the Corporation's Board of Directors, the amendment of the Second Article of the Amended Articles of Incorporation will will be sought to remove from the primary purpose, the ability of the Corporation to directly own real properties, but to retain the company's ability to invest in companies that own real properties, including land, within the limits allowed by applicable laws.
The timetable for the effectivity of the amendment(s)
Expected date of filing the amendments to the Articles of Incorporation with the SEC
TBA
Expected date of SEC approval of the Amended Articles of Incorporation
TBA
Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any
The approval by the stockholders of the proposed amendment to the Second Article will be sought to remove from the primary purpose, the ability of the Corporation to directly own real properties, but to retain the company's ability to invest in companies that own real properties, including land, within the limits allowed by applicable laws.
Other Relevant Information
Please see attachment for exact wordings of the amendment of the Second Article of the Corporation's Amended Articles of Incorporation.