Ayala Corporation Class B Preferred Shares (APB3R) Follow-On Public Offering Details
The Exchange approved the application of Ayala Corporation (“AC” or the “Company”) for the re-issuance from treasury of up to 7,500,000 Class “B” Preferred Shares (the “Offer Shares”) to cover the Company’s Follow-on Public Offering at an Offer Price of Php 2,000.00 per Offer Share.
Series B Preferred Shares – Stock Symbol: APB3R
Details of the offering are as follows:
Offer Period | October 01, 2024 – October 07, 2024 |
Offer Price | Php 2,000.00 |
Internal Offer Period | October 01, 2024 – October 02, 2024, 12:00nn |
Tentative Listing Date | October 15, 2024 |
Subscription | Minimum of 25 offer shares and in multiples of 5 firm shares |
To read the relevant Listing Notices, head to PSE EDGE through these links:
Final Terms and Conditions: https://bit.ly/bpitrade-APB3R-ftc
Final Prospectus: https://bit.ly/bpitrade-APB3R-fp
Application and Settlement Procedures for Local Small Investors: https://bit.ly/bpitrade-APB3R-LSI
Dividend Rate Setting – https://bit.ly/bpitrade-APB3R-drs
To subscribe via BPI Trade, kindly follow the steps below:
1. Login to your BPI Trade Online account.
2. Go to “eReserve: APB3R FOO” tab.
3. Click Next
4. Fill-out Subscription Form including the number of shares to avail.
5. Tick “I confirm with the above details of subscription.”
6. Click Next.
7. After clicking “Next”, you will be redirected to a screen confirming that you have successfully subscribed.
8. Click Submit.
You can also subscribe via PSE Easy:
1. Upon logging in, current active security offerings are displayed.
2. To subscribe to the desired active offering, click “SUBSCRIBE NOW!”
3. Fill out the required information in the “Application to Purchase” form.
4. Click “OKAY” to confirm your subscription.
NOTE: Details of the FOO and subscription link are accessible through the site until 12:00NN of October 02, 2024.The Final Offer Terms Sheet dated September 30, 2024 is available for downloading on PSE Edge website.