Certain Shares of Azelio AB are subject to a Lock-Up Agreement Ending on 16-JAN-2023.
Details:
Prior to the execution of the Rights Issue, the board of directors and senior management of the Company have entered into lock-up undertakings, which, among other things and with customary exceptions, mean that they have undertaken not to sell shares in the Company. The lock-up undertakings expire on the day that falls 90 days after the settlement date in the Rights Issue.