7,440,000 Ordinary Shares of CodeMill AB (publ) are subject to a Lock-Up Agreement Ending on 18-JUN-2022. These Ordinary Shares will be under lockup for 365 days starting from 18-JUN-2021 to 18-JUN-2022.

Details:
The company's three largest shareholders are Grindcode Holding AB, Old Mother Holding AB and Umesto Ventures AB has undertaken to Erik Penser Bank to, with certain customary exceptions, waive from selling or otherwise transferring or selling its shares in the Company. The lock-up commitment applies from the first day of trading in the shares on Nasdaq First North Growth Market through June 18, 2022 and comprises a total of 7,440,000 existing shares, which corresponds to approximately 71 percent of the shares in the Company before the Offer and 57 percent of the shares in The company after the Offer, provided that the Offer is fully subscribed.