Certain Ordinary Shares of Haypp Group AB are subject to a Lock-Up Agreement Ending on 11-APR-2022.
Details:
Shareholders together controlling 61.5 percent of the total number of shares after the Offering (provided that the Over-Allotment Option is exercised in full) will be subject to a lock-up, for a certain period after trading, corresponding to 92.1 percent of the total number of shares prior to the Offering. The lock-up period for some of the Major Shareholders and shareholding employees within the Group will be 180 days, and the lock-up period for the shareholding members of the board of directors (including related companies, some of which are included in the Major Shareholders) and executive management, will be 360 days.