LN00243-2022

NOTICE

Subject MREIT, Inc.: Initial Public Offering - Release of Shares under Lock-Up
Company Name MREIT, Inc.
Security Details
Type of Security Stock Symbol Par Value
Common Shares MREIT Php 1.00
Reference(s) LN00234-2021 dated September 29, 2021
Type of Transaction(s) Initial Public Offering
Lock-up Details
Duration of Lock-up 365 days
Applicable Lock-up Rule Article III, Part D, Section 2 of the Consolidated Listing and Disclosure Rules, as amended
Escrow Agent BDO Unibank, Inc. - Trust and Investments Group
Date of Execution of Escrow Agreement Sep 9, 2021
Details of the Mandatory Lock-up
Name of Shareholder No. of Shares Stock Symbol Percentage
Megaworld Corporation 1,572,282,881 MREIT 62.09
Details of the Voluntary Lock-up (if applicable)
Name of Shareholder No. of Shares Stock Symbol Percentage
- - - -
Total Shares to be Released from Lock-up
Stock Symbol No. of Shares
MREIT 1,572,282,881
Expiry of Lock-up Oct 1, 2022
Effective Date of Tradability of the Shares Oct 3, 2022
Other Relevant Information

As previously announced in Listing Notice No. LN00234-2021 dated September 29, 2021, in light of MREIT, Inc.’s (“MREIT” or the “Company”) compliance with the lock-up requirement of the Exchange, 1,572,282,881 MREIT common shares held by Megaworld Corporation (“MEG”) were subject to a lock-up period of 365 days from the listing date of the said shares.

In a letter dated September 23, 2022, BDO Unibank, Inc., through its Trust and Investments Group (the “Escrow Agent”), informed the Exchange that the lock-up period for the 1,572,282,881 MREIT common shares owned by MEG, will expire on October 1, 2022.

In view thereof, the 1,572,282,881 MREIT common shares that were held in escrow will be eligible for trading starting on October 3, 2022.

For your information and guidance.

Filed on behalf by:
Name Norberto Moreno Jr.
Designation Listings Department