Certain Ordinary Shares of Ekopak NV are subject to a Lock-Up Agreement Ending on 7-OCT-2021.
October 06, 2021
Share
Certain Ordinary Shares of Ekopak NV are subject to a Lock-Up Agreement Ending on 7-OCT-2021. These Ordinary Shares will be under lockup for 190 days starting from 31-MAR-2021 to 7-OCT-2021.
Details:
Pursuant to the Underwriting Agreement, Pilovan BV will agree that it will not directly or indirectly, issue, offer, pledge, sell, contract to sell, sell, distribute, transfer or grant any option, right, subscription right or contract to purchase, exercise any option to sell, purchase any option or contract to sell, or lend or otherwise transfer or dispose of any Shares or other securities of the Issuer, or any securities convertible into or exercisable or exchangeable for Shares or other securities of the Issuer held by the Existing Shareholders on the date of the Underwriting Agreement; or (ii) enter into any swap or any other agreement or any transaction that transfers, in whole or in part, directly or indirectly, the economic consequence of ownership of any Shares or other securities of the Issuer held by the Existing Shareholders on the date of the Underwriting Agreement, whether any such transaction described in (i) or (ii) above is to be settled by delivery of Shares or other securities for a period of 12 months from the Closing Date.
Alychlo NV will agree that it will not directly or indirectly, issue, offer, pledge, sell, contract to sell, sell, distribute, transfer or grant any option, right, subscription right or contract to purchase, exercise any option to sell, purchase any option or contract to sell, or lend or otherwise transfer or dispose of any Shares or other securities of the Issuer, or any securities convertible into or exercisable or exchangeable for Shares or other securities of the Issuer held by the Existing Shareholders on the date of the Underwriting Agreement; or (ii) enter into any swap or any other agreement or any transaction that transfers, in whole or in part, directly or indirectly, the economic consequence of ownership of any Shares or other securities of the Issuer held by the Existing Shareholders on the date of the Underwriting Agreement, whether any such transaction described in (i) or (ii) above is to be settled by delivery of Shares or other securities for an initial period of 3 months after the Closing Date, and for an additional period of 3 months without the Sole Global Coordinator’s prior written consent.
Ekopak NV is an ESG-driven off-grid water solutions company, focusing on optimizing water use through containerized water purification units that transform alternative water sources such as rain-, surface- and/or wastewater into cleaner water that can be used and reused in the customer's industrial processes. These solutions can either be offered through standalone design, build, and at the client's request, operate and/or maintain services, as well as a "Water as a Service" solutions package, which provides the customer with an end-to-end solution delivered under a long-term contract with "pay by the drop" pricing.