Certain Common Shares of Corporación Inmobiliaria Vesta, S.A.B. de C.V. are subject to a Lock-Up Agreement Ending on 7-MAR-2024.
March 06, 2024
Share
Certain Common Shares of Corporación Inmobiliaria Vesta, S.A.B. de C.V. are subject to a Lock-Up Agreement Ending on 7-MAR-2024. These Common Shares will be under lockup for 91 days starting from 7-DEC-2023 to 7-MAR-2024.
Details:
The company and its executive officers and directors, representing 4.6% of its outstanding common shares prior to this offering, have agreed not to sell or transfer any of our common shares, ADSs, or any securities convertible into, or exchangeable for, exercisable for, or repayable with common shares or ADSs, for 90 days after the date of this prospectus without first obtaining the written consent of Barclays Capital Inc., BofA Securities, Inc. and Morgan Stanley & Co. LLC, in their sole discretion, may release the common shares subject to any of the lock-up agreements with the underwriters, in whole or in part at any time.
Vesta Real Estate Corporation SAB de CV (Vesta) is a Mexico-based company engaged in the real estate sector. The Companyâs scope of activities includes development, sale, purchase, rental, and administration of industrial buildings as well as distribution centers in Mexico. In addition, the Company provides solutions for light manufacturing, distribution, and e-commerce operation. Vestaâs activities are present in multiple states of Mexico with over 200 functioning industrial buildings. The real estate operations performed by the Firm support industries such as automotive, food and beverages, logistics as well as plastics. The Company has a number of subsidiaries in Mexico, such as CIV Infraestructura S de RL de CV, Proyectos Aeroespaciales S de RL de CV, QVC II S de RL de CV, as well as Vesta Baja California S de RL de CV, among others.