LN00030-2023

NOTICE

Subject Citicore Energy REIT Corp.: Initial Public Offering - Release of Shares under Lock-Up
Company Name Citicore Energy REIT Corp.
Security Details
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
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 Development Bank of the Philippines
Date of Execution of Escrow Agreement Jan 27, 2022
Details of the Mandatory Lock-up
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 -
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
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.

In view thereof, the 4,036,362,000 CREIT common shares will be eligible for trading on February 23, 2023.

For your information and guidance.

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