687,500 Ordinary Shares of Valence Industries Limited are subject to a Lock-Up Agreement Ending on 1-JAN-2016. These Ordinary Shares will be under lockup for 190 days starting from 25-JUN-2015 to 1-JAN-2016.

Details:
A total of 687,500 shares held by Christopher S. Darby, the Managing Director & Chief Executive Officer of the company, will be under lock-up until January 06, 2016.