Globe Telecom, Inc. disclosed that its Board of Directors, on Jun, 17 2026, approved the submission of a registration statement to the Philippine Securities and Exchange Commission and a listing application to the Philippine Stock Exchange for the proposed initial public offering of its affiliate, Mynt, Inc.

The planned offer will cover 12.0% of Mynt’s outstanding common shares post-IPO, comprising both primary and secondary shares. Each common share has a par value of 0.03 Philippine pesos.

Mynt intends to appoint underwriters, advisers, legal counsels, and related agents to support the offering, which remains subject to market conditions and regulatory approvals.

Globe said further details of the transaction will be disclosed in due course.