Certain Ordinary Shares of Midland Bank Limited are subject to a Lock-Up Agreement Ending on 26-MAR-2024.
Details:
Shares held by sponsors, directors and shareholders holding 10% (ten percent) or more, for 03 (three) years;
In case, any existing sponsor or director of the issuer transfers any share to any person, those transferred shares, for 03 (three) years;
Shares allotted to any person, before 4 (four) years or more of according consent to the public issue, other than the persons mentioned in clause (a) and (b), for 01 (one) year;
Shares held by alternative investment funds or by foreign investors, for 01 (one) year;
Shares held by any person, other than the shares mentioned in clause (a), (b), (c) and (d) above, for 02 (two) years