Certain Equity Shares of Affle Limited are subject to a Lock-Up Agreement Ending on 2-AUG-2021.
August 01, 2021
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Certain Equity Shares of Affle (India) Limited are subject to a Lock-Up Agreement Ending on 2-AUG-2021. These Equity Shares will be under lockup for 90 days starting from 4-MAY-2021 to 2-AUG-2021.
Details:
The company Promoters and members of the Promoter Group (who hold Equity Shares) will not, for a period of 90 days without the prior written consent of the Book Running Lead Managers, directly or indirectly (a) sell, contract to sell, purchase any option or contract to sell, grant any option, right or warrant to purchase, otherwise transfer or dispose of, directly or indirectly, any Equity Shares, or any securities convertible into or exercisable or exchangeable for Equity Shares; (b) enter into any swap or other agreement that transfers, directly or indirectly, in whole or in part, any of the economic consequences of ownership of Equity Shares or any securities convertible into or exercisable or exchangeable for Equity Shares; (c) sell, contract to sell, purchase any option or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of, directly or indirectly, any shares or interest in an entity which holds any Equity Shares; or (d) publicly announce any intention to enter into any transaction whether any such transaction described in (a), (b) or (c) above is to be settled by delivery of Equity Shares, or such other securities, in cash or otherwise.
Affle (India) Limited is a global technology company. The Company provides a consumer intelligence platform that delivers consumer engagement, acquisitions, and transactions through relevant mobile advertising. Its segments include the Consumer Platform and the Enterprise Platform. The Consumer Platform segment delivers consumer recommendations and conversions through relevant mobile advertising. Its user acquisition and engagement solutions help applications, businesses, and brands to advertise and discover as well as re-engage their valuable customers. The Enterprise Platform segment offers an array of digital transformation services to build audience-centric digital assets. Its platforms include appnext, Jampp, MAAS, RevX, and Vizury, among others. It also provides end-to-end solutions for enterprises to enhance their engagement with mobile users, such as developing applications, enabling offline to online commerce for offline businesses with e-commerce aspirations and others.