Maynilad Water Services, Inc. (Maynilad) announced that it has submitted its preliminary prospectus for its planned initial public offering (IPO) with the Philippine Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE), paving the way for the start of its roadshow to institutional investors in the coming days.
The submission of the document forms part of Maynilad’s ongoing compliance with regulatory requirements in connection with the proposed IPO. The preliminary prospectus contains, among others, details about Maynilad’s business, operations, and financial information, and is available in the Philippines for public access at its website in compliance with regulatory requirements.
“We are proud to reach this point in Maynilad’s story,” said Maynilad President and CEO Ramoncito S. Fernandez. “Our journey has always been guided by a clear mission—to deliver safe, sustainable, and reliable water and wastewater services to our customers. The submission of our preliminary prospectus marks another step in that mission, as we open the door for broader public participation while continuing to comply with all regulatory processes.”
Maynilad noted that the IPO remains subject to compliance with regulatory requirements under the SEC pre-effective letter and the PSE Notice of Approval.
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This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States or in any other jurisdiction where it is unlawful to do so. Any securities to which this announcement relates may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Neither the Company nor any seller of any such securities intends to register any portion of any offering in the United States or to conduct a public offering of securities in the United States. No money, securities or other consideration is being solicited by this communication or the information contained herein and, if sent in response to this communication or the information contained herein, will not be accepted.
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The preliminary prospectus for these securities may be obtained from www.mayniladwater.com.ph which is subject to completion or amendment, without notice. The preliminary prospectus also contains the information required to be stated in any notice, circular, advertisement, letter or other forms of communication that will be published or transmitted to any person after a registration statement has been filed under Rule 8.3.1 of the 2015 Implementing Rules and Regulations of the Securities Regulation Code of the Philippines and which information is incorporated by reference in this communication.
A REGISTRATION STATEMENT RELATING TO THESE SECURITIES HAS BEEN FILED WITH THE SECURITIES AND EXCHANGE COMMISSION BUT HAS NOT YET BECOME EFFECTIVE. THESE SECURITIES MAY NOT BE SOLD NOR MAY OFFERS TO BUY THE SAME BE ACCEPTED PRIOR TO THE TIME THE REGISTRATION STATEMENT BECOMES EFFECTIVE AND THE PERMIT TO OFFER AND SELL SECURITIES HAS BEEN ISSUED AND ANY SUCH OFFER MAY BE WITHDRAWN OR REVOKED, WITHOUT OBLIGATION OR COMMITMENT OF ANY KIND AT ANY TIME PRIOR TO NOTICE OF ITS ACCEPTANCE GIVEN AFTER THE EFFECTIVITY OF THE REGISTRATION STATEMENT AND THE ISSUANCE OF THE PERMIT TO OFFER AND SELL SECURITIES. THIS COMMUNICATION SHALL NOT CONSTITUE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY.
