Certain Ordinary Shares of Becle, S.A.B. de C.V. are subject to a Lock-Up Agreement Ending on 22-JUL-2017.
July 21, 2017
Share
Certain Ordinary Shares of Becle, S.A.B. de C.V. are subject to a Lock-Up Agreement Ending on 22-JUL-2017. These Ordinary Shares will be under lockup for 164 days starting from 8-FEB-2017 to 22-JUL-2017.
Details:
The majority shareholders, comprising of Juan Francisco Beckmann Vidal and members of his immediate family, the Directors, certain top level executives of the company, and Aranda Investments Pte. Ltd. have agreed not to dispose any shares held by them for a period of 180 days from the date of the offering memorandum, being January 23, 2017.
Becle SAB de CV is a Mexico-based company engaged in the beverages industry. The Company focuses on the production, bottling, trade and distribution of alcoholic and non-alcoholic beverages. Its offer includes various types of tequila distributed under own Jose Cuervo brand name, non-alcoholic drinks, ready-to-drink beverages, as well as other distilled alcohols distributed under third-party brand names, including Three Olives, Hangar 1, Stranahan's, Bushmills and Boodles. Its distribution chain comprises operations in the United States, Mexico and other countries. In addition, the Company is involved in the farming and processing of blue agave. The Company owns a number of subsidiaries, such as Tequila Cuervo la Rojena SA de CV, Casa Cuervo SA de CV and Azul Agricultra y Servicios SA de CV.
BECLE, S.A.B. DE C.V. 
