The offer considers the issuance of up to 103.6 million shares, where it is expected to collect over USD 80 million, which will have, as its principal purpose to support investments in the hotel industry along with general corporate uses.

RLH Properties – company devoted to the purchase and development of hotels in urban centers and tourist locations in Mexico and the rest of Latin America – initiated a primary public offer for the subscription and payment of shares in MILA countries. The offer in these countries is facilitated by the various integration agreements between the institutions and regulators that comprise MILA.

The offer considers the issuance of up to 103.6 million shares excluding the over-allotment option, where it is expected to raise over USD 80 million, which will have, as its principal purpose to support their investments in the hotel industry along with general corporate uses.

RLH Properties I.P.S.C. of V.C., constituted in 2013 (S.A.P.I.B. of C.V es Investment Promotion Stock Corporation with Variable Capital?), and is focused on the acquisition and development of city and beach hotel assets located in the principal urban and tourist centers of Mexico, the Caribbean and Latin America. The company has a flexible business model that seeks investment in hotel assets operated by various hotel brands.

The placement agents of this public share offering process are BTG Pactual of Mexico, Banorte IXE, and Evercore, through which it will be able to offer shares outside Mexico and MILA countries according to the demand from potential investors.

It is worth mentioning that a similar placement was carried out by the Santa Fe Hotel Group of Mexico in MILA countries last June. On this occasion, the Santa Fe Hotel Group raised USD 97 million with public share offering in MILA.

About MILA

MILA is a cross-border initiative that integrates securities markets from Chile, Colombia, Mexico and Peru. Currently, it is the first market in Latin America both by the number of companies listed and value of market capitalization. It has over 700 issues whose shares are automatically eligible for trading in any of MILA countries.

In the five years since its creation, MILA has positioned itself as the largest market in the region, both in number of issues and in market capitalization. This positioning has worldwide recognition.

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