The offering consists of 2.15 billion primary shares and an over-allotment option of 214.84 million secondary shares.
The primary share sale will now raise P666 million, down from the previous P816 million, while the secondary share allotment is valued at P67 million, lower than the earlier P82 million.
The final pricing represents an 18.4 percent discount from the initial maximum offer price.
Top Line earlier announced the offer will run from March 24-31 while the target listing date under the stock symbol “TOP” is on April 8, 2025.
