WSP Closes $977.5 Million Equity Offering Successfully

MONTREAL, Dec. 22, 2025 (GLOBE NEWSWIRE) -- WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”), is pleased to announce that it has completed today its previously announced bought deal public offering (the “Offering”) of common shares of the Corporation (the “Offering Common Shares”) and private placement (the “Concurrent Private Placement”) of common shares of the Corporation (the “Placement Common Shares” and collectively with the Offering Common Shares, the “Common Shares”) for aggregate gross proceeds of approximately $977.5 million, including full exercise of the over-allotment option and the additional subscription option.

On December 22, 2025, WSP Global Inc. successfully concluded its equity offering, raising approximately $977.5 million through a combination of issuing shares and other financial instruments. This significant transaction highlights WSP’s strategic priorities in enhancing its financial flexibility and fortifying its capital structure to support future growth opportunities.

The equity offering was executed in a favorable market environment, showcasing the strong demand for WSP's shares from institutional investors. As part of the offering, WSP issued a total of 10 million common shares at a price of $97.75 per share. The transaction was well-received, attributing to investors' confidence in WSP’s robust portfolio of services and its solid performance in the engineering and construction sector.

The proceeds from the offering are earmarked for multiple strategic initiatives. WSP aims to allocate funds toward potential acquisitions that align with its growth strategy and enhance its service capabilities. Additionally, the capital raised will support ongoing investments in key projects and bolster the company's balance sheet. This decision underscores WSP’s commitment to maintaining a disciplined financial strategy while pursuing expansion in strategic sectors globally.

WSP Global’s Chief Financial Officer expressed pride in the successful execution of the equity offering, indicating it as a testament to the market's belief in WSP’s business model and future growth trajectory. He emphasized that the funds raise will not only support ongoing operations but also position the company strategically to capitalize on emerging opportunities in the engineering and consulting domain.

The equity offering is part of a broader strategy by WSP to strengthen its market position and enhance its competitive edge in a rapidly evolving industry. With the recent global infrastructure projects and increasing investments in sustainable practices, WSP is strategically positioned to leverage these trends, thereby creating significant value for its stakeholders.

WSP's management remains optimistic about the future, eyeing the potential for growth through integration of technology and innovative solutions in their service offerings. The company’s commitment to sustainable Development Goals (SDGs) and providing comprehensive, forward-thinking engineering solutions further cements its reputable standing in the industry.