Vesta (VTMX) Announces Proposed Follow-On Offering

December 5, 2023 4:26 PM EST

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (“Vesta”) (NYSE: VTMX), a fully-integrated, internally managed real estate company that owns, manages, develops and leases industrial properties in Mexico, announced today the commencement of an underwritten public offering of 4,000,000 American Depositary Shares, or ADS, representing 40,000,000 of its common shares, which are being offered by Vesta pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (“SEC”). The underlying common shares are registered in the Mexican National Securities Registry (Registro Nacional de Valores; the “RNV”), which is maintained by the Mexican National Banking and Securities Commission (Comision Nacional Bancaria y de Valores; the “CNBV”).

Barclays, BofA Securities and Morgan Stanley are acting as global coordinators of this offering.

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