Certain Ordinary Shares of Aedge Group Limited are subject to a Lock-Up Agreement Ending on 14-DEC-2023. These Ordinary Shares will be under lockup for 1098 days starting from 11-DEC-2020 to 14-DEC-2023.

Details:
To demonstrate their commitment to the Group, each of PTCC and Mr Poh Soon Keng have undertaken to the Company and the Sponsor, Issue Manager and Placement Agent that, inter alia, they will not directly or indirectly, sell, contract to sell, offer, realise, transfer, assign, pledge, grant any option to purchase or right to acquire, grant any security over, encumber or otherwise dispose of, any part of their interests in the share capital of our Company immediately after the Placement (adjusted for any bonus issue or sub-division of Shares), determined immediately after the Placement, for a period of three (3) years from the date of admission of the Company to Catalist.

Further, each of Ms Tan Ah Hwa, Mr Ng Choon Beng and Mr Tay Choon Wah have voluntarily undertaken to our Company and the Sponsor, Issue Manager and Placement Agent that, inter alia, they will not directly or indirectly, sell, contract to sell, offer, realise, transfer, assign, pledge, grant any option to purchase or right to acquire, grant any security over, encumber or otherwise dispose of, any part of their interests in the share capital of our Company immediately after the Placement (adjusted for any bonus issue or sub-division of Shares), determined immediately after the Placement, for a period of six (6) months from the date of admission of our Company to Catalist, and for a period of six (6) months thereafter, not to, directly or indirectly, sell, contract to sell, offer, realise, transfer, assign, pledge, grant any option to purchase or right to acquire, grant any security over, encumber or otherwise dispose of, more than 50.0% of their original shareholdings (adjusted for any bonus issue or sub-division of Shares) in our Company.