C08898-2023

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Dec 21, 2023
2. SEC Identification Number
107432
3. BIR Tax Identification No.
000-124-671-000
4. Exact name of issuer as specified in its charter
Ionics, Inc.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
Circuit Street, Light Industry & Science Park of the Philippines I, Bo. Diezmo, Cabuyao City, Laguna Postal Code 4025
8. Issuer's telephone number, including area code
049-508-1111
9. Former name or former address, if changed since last report
-
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common 837,130,992
11. Indicate the item numbers reported herein
9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Ionics, Inc.ION

PSE Disclosure Form 12-1 - Change in Stock Transfer Agent References: Section 12 of the Revised Disclosure Rules

Subject of the Disclosure

Change in Stock Transfer Agent

Background/Description of the Disclosure

As part of an internal reorganization of Rizal Commercial Banking Corporation ("RCBC"), it has informed Ionics Inc. that it will terminate the services of its Stock Transfer Department effective December 31, 2023 and has requested Ionics Inc. to engage RCBC Trust Corporation as stock transfer agent effective January 1, 2024.

The foregoing will be subject to the formal approval of the Board of Directors in its next meeting.

Details of Changes in Stock Transfer Agent
Date of Approval by Board of Directors TBA
Previous Stock Transfer Agent Rizal Commercial Banking Corporation - Stock Transfer Department
Effective Date of Termination TBA
New Stock Transfer Agent RCBC Trust Corporation
Date of Engagement TBA
Effective Date of Engagement TBA
Reason(s) for Replacement

The reason for replacement is the spin-off of RCBC - Stock Transfer Department into RCBC Trust Corporation, a standalone trust corporation.

Other Relevant Information

Ionics Inc. was informed by RCBC - Stock Transfer Department that the application for secondary license as transfer agent of RCBC Trust Corporation may extend beyond the target effectivity date of 1 January 2024. In that regard, the earlier disclosure was amended to change to "TBA" the following information:

1. Effective Date of Termination of RCBC - Stock Transfer Department;
2. Date of Engagement of RCBC Trust Corporation; and
3. Effective Date of Engagement of RCBC Trust Corporation.

Ionics Inc. will disclose in due course the new effectivity date of the engagement of RCBC Trust Corporation following the latter's completion of all its regulatory requirements.

Filed on behalf by:
Name Krisha Villanueva
Designation Assistant Corporate Secretary