Certain Ordinary Shares of SCE Intelligent Commercial Management Holdings Limited are subject to a Lock-Up Agreement Ending on 1-JUL-2022. These Ordinary Shares will be under lockup for 366 days starting from 30-JUN-2021 to 1-JUL-2022.
Details:
The Controlling Shareholders have undertaken to the company and to the Stock Exchange that they will not, and shall procure that any other registered holder(s) will not, without the prior written consent of the Stock Exchange or unless otherwise in compliance with applicable requirements of the Listing Rules, that in the period commencing on the date of this Prospectus and ending on the date which is six months from the Listing Date (the ôFirst Six-month Periodö), dispose of, or enter into any agreement to dispose of any Shares in respect of which it is shown by this Prospectus each of the Controlling Shareholders to be the beneficial owner (as defined in Rule 10.07(2) of the Listing Rules) or otherwise create any options, rights, interests or encumbrances in respect of such Shares.
The Controlling Shareholders have undertaken to the company and to the Stock Exchange that they will not, and shall procure that any other registered holder(s) will not, without the prior written consent of the Stock Exchange or unless otherwise in compliance with applicable requirements of the Listing Rules, that in the period of six months immediately following the expiry of the First Six-month Period (the ôSecond Six-month Periodö), dispose of, or enter into any agreement to dispose of any Shares in respect of which it is shown by this Prospectus each of the Controlling Shareholders to be the beneficial owner (as defined in Rule 10.07(2) of the Listing Rules) or otherwise create any options, rights, interests or encumbrances in respect of such Shares.