| LN00030-2023 |
NOTICE| 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 |