Certain Ordinary Shares of SAL Saudi Logistics Services Company are subject to a Lock-Up Agreement Ending on 1-MAY-2024.
Details:
The Substantial Shareholders, whose ownership percentages are listed in Table 2 (?Substantial Shareholders and their Ownership Percentages in the Company Pre- and Post-Offering?) on page (x), will be subject to a lock-up period of six (6) months (the ?Lock-up Period?), starting from the commencement of trading of the Shares on the Saudi Stock Exchange (?Tadawul? or the ?Exchange?). During the Lock-up Period, Substantial Shareholders may not dispose of their Shares. Following the Lock-up Period, the Substantial Shareholders may dispose of their Shares.