The Exchange approved, among others, the initial public offering (“IPO”) of up to 2,288,974,000 common shares of Maynilad Water Services Inc. (“MYNLD” or the “Company”) at an offer price of up to Php20.00 per share. Relevant details are provided below and in the attached terms and conditions:
1. The IPO of the Company consists of the following:
• Firm Shares: Up to 1,660,317,400 primary common shares to be issued and offered to the public;
• Reserved Shares: Up to 24,904,800 primary common shares to be allocated and offered to First Pacific Company Limited;
• Overallotment Option Shares: Up to 249,047,600 primary common shares; and
• Upsize Option Shares: Up to 354,704,200 secondary common shares to be offered by Maynilad Water Holding Company, Inc. (the “Selling Shareholder”).
2. TP Allocation: Up to 332,063,500 common shares equivalent to up to Php 6,641,270,000.00
3. Allocation per TP: Up to 2,744,300 common shares equivalent to up to Php 54,886,000.00
4. LSI Allocation: Up to 166,031,800 common shares equivalent to up to Php 3,320,636,000.00
5. Estimated Public Float:
• Without Overallotment and Upsize Option Shares: 22.75%
• With Overallotment and Upsize Option Shares: 30.00%
6. Relevant dates of the IPO:
• Price-Setting Date: October 20, 2025
• Start of Offer Period: October 23, 2025
• End of Offer Period: October 29, 2025
• Tentative Listing Date: November 7, 2025
Please be advised that the Preliminary Prospectus dated October 3, 2025 is available for downloading on the Company’s corporate website through https://www.mayniladwater.com.ph/wp-content/uploads/2025/10/MYNLD-Preliminary-Prospectus-as-of-October-3-2025.pdf.
The Exchange will advise the investing public of further developments on the IPO of the Company.
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