NOTICE
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Subject
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NexGen Energy Corp. Initial Public Offering - Preliminary Terms and Conditions
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Company Name
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NexGen Energy Corp.
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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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XG
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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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XG
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Common Shares
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1,190,000,003
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Up to 1,490,000,003
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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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XG
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Common Shares
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1,190,000,003
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Up to 1,490,000,003
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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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-
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-
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-
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-
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Primary Offer Shares
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Stock Symbol
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No. of Shares
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XG
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Up to 300,000,000
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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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-
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-
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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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XG
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Up to 300,000,000
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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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XG
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Up to 45,000,000
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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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XG
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Up to 1,490,000,003
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Offer Price
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Up to Php1.68
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Market Capitalization (Post-IPO)
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Up to Php2,503,200,005.04
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TP Allocation
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Up to 60,000,000 common shares
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Allocation per TP
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Up to 491,000 common shares
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LSI Allocation
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Up to 30,000,000 common shares
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Estimated Public Float (with Overallotment/Oversubscription)
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23.15%
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Estimated Public Float (without Overallotment/Oversubscription)
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20.13%
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Dividend Rate
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Stock Symbol
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Dividend Rate
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N/A
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N/A
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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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XG
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1,145,000,003
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1 year
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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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Sole Issue Manager, Joint Lead Underwriter and Sole Bookrunner
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China Bank Capital Corporation
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Joint Lead Underwriter
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Investment & Capital Corporation of the Philippines
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Selling Agents
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Trading Participants of the Exchange
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Counsel for the Issuer
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Romulo Mabanta Buenaventura Sayoc & de los Angeles
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Counsel for the Joint Lead Underwriters
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SyCip Salazar Hernandez & Gatmaitan
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Stabilizing Agent
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China Bank Securities Corporation
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Escrow Agent (IPO Proceeds)
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China Banking Corporation - Trust and Asset Management Group
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Stock Transfer Agent
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Professional Stock Transfer, 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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China Banking Corporation - Trust and Asset Management Group
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External Auditor
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Reyes Tacandong & Co.
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Price/Dividend Rate Setting Date
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Jun 25, 2024
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Start of Offer Period
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Jul 1, 2024
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End of Offer Period
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Jul 8, 2024
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Tentative Listing Date
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Jul 16, 2024
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Corporate Website Hyperlink to the Prospectus
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TBD
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Other Relevant Information
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The Exchange approved the application of NexGen Enegy Corp. ("XG" or the "Company") for the initial listing of up to 1,490,000,003 common shares, under the Small, Medium and Emerging Board of the Exchange, which includes the shares subject of the Company's Initial Public Offering ("IPO" or "Offer").
The IPO of the Company, with an Offer Price of up to Php1.68 per share, consists of the following:
1. Primary Offering consisting of up to 300,000,000 common shares to be offered and will be issued to the public on a primary basis; and
2. Over-allotment Option consisting of up to 45,000,000 secondary common shares.
Attached is a copy of the signed Preliminary Offer Terms Sheet.
The total Shares Under Escrow indicated above are based on the assumption that the Over-Allotment Option Shares are fully subscribed.
The Dividend Rate information indicated above is only applicable to follow-on offerings of preferred shares.
The Exchange's approval only relates to XG's conduct of the IPO and listing of the Company's shares and is subject to 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 subsequent action that the Exchange may take in relation to the Company's compliance with applicable rules of the Exchange.
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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NexGen Energy Corporation