Certain Shares of Puequ CO.,LTD. are subject to a Lock-Up Agreement Ending on 26-FEB-2018.
February 25, 2018
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Certain Shares of Puequ CO.,LTD. are subject to a Lock-Up Agreement Ending on 26-FEB-2018. These Shares will be under lockup for 91 days starting from 27-NOV-2017 to 26-FEB-2018.
Details:
In relation to the subscription and sale by underwriters’ purchase subscription, the company’s shareholders Toyoakusou Co., Ltd., Takehisa Shimoda, Gogin Capital Co., Ltd., Yoko Sadato, HC No.6 Investment Limited Partnership, Mitsubishi UFJ Capital No. 3 Investment Limited Partnership, Toyo Koatsu, Inc. and Resona Capital Co., Ltd., have agreed with the lead manager, not to sell company shares (however, excluding the sale through the lead manager, with sale price of more than 1.5 times the issue price in the “1 points of the subscription”), beginning on the day of the conclusion of the original underwriting agreement to 90 days after the listing date.
Puequ CO.,LTD. is a Japan-based company principally engaged in the manufacture and sale of environment and energy related equipment, power and heavy machine related equipment, as well as disaster prevention and safety related equipment. The Company operates in three business segments. Environment and Energy segment is involved in the manufacture and sale of environment-related equipment aimed at water treatment and environmental improvement, as well as energy-related equipment, which are mainly composed of heat exchangers. Power and Heavy Equipment segment is involved in the manufacture and sale of marine machinery and parts, plant related equipment and other power related parts. Disaster Prevention and Safety segment is involved in the manufacture and sale of indoor and outdoor fire hydrants and pressurized water conveying devices for sprinkler fire extinguishing facilities.