LN00030-2023 |
Subject | Citicore Energy REIT Corp.: Initial Public Offering - Release of Shares under Lock-Up |
---|---|
Company Name | Citicore Energy REIT Corp. |
Type of Security | Stock Symbol | Par Value | |
---|---|---|---|
Common Shares | CREIT | Php 0.25 |
Reference(s) | LN00054-2022 dated February 18, 2022 |
---|---|
Type of Transaction(s) | Initial Public Offering |
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 | Development Bank of the Philippines |
Date of Execution of Escrow Agreement | Jan 27, 2022 |
Name of Shareholder | No. of Shares | Stock Symbol | Percentage | |
---|---|---|---|---|
Citicore Renewable Energy Corporation | 3,117,641,132 | CREIT | 47.63 | |
Citicore Solar Tarlac 1, Inc. | 918,720,864 | CREIT | 14.04 | |
Jez G. Dela Cruz | 1 | CREIT | - | |
Manuel Louie B. Ferrer | 1 | CREIT | - | |
Oliver Y. Tan | 1 | CREIT | - | |
Edgar B. Saavedra | 1 | CREIT | - |
Name of Shareholder | No. of Shares | Stock Symbol | Percentage | |
---|---|---|---|---|
- | - | - | - |
Stock Symbol | No. of Shares | |
---|---|---|
CREIT | 4,036,362,000 |
Expiry of Lock-up | Feb 22, 2023 |
---|---|
Effective Date of Tradability of the Shares | Feb 23, 2023 |
Other Relevant Information |
---|
As previously announced in LN00054-2022 dated February 18, 2022, in view of Citicore Energy REIT Corp.’s (“CREIT” or the “Company”) compliance with the lock-up requirement of the Exchange, 4,036,362,000 CREIT common shares were subject to a lock-up period of 365 days from the date of listing of the said shares. |
Name | Norberto Moreno Jr. |
---|---|
Designation | Listings Department |