82,575,000 Ordinary Shares of Autocount Dotcom Berhad are subject to a Lock-Up Agreement Ending on 9-MAY-2024. These Ordinary Shares will be under lockup for 378 days starting from 27-APR-2023 to 9-MAY-2024.

Details:
In accordance with Rule 3.19 of the Listing Requirements and pursuant to the conditions imposed under the approval letter by Bursa Securities, a moratorium will be imposed on the sale, transfer or assignment of those Shares held by the Specified Shareholders as follows: (i) the moratorium applies to the entire shareholdings of the Specified Shareholders for a period of 6 months from the date of the admission to the ACE Market (?First 6-Month Moratorium?); (ii) upon the expiry of the First 6-Month Moratorium, the Company must ensure that the Specified Shareholders? aggregate shareholdings amounting to at least 45.00% of the total number of issued Shares remain under moratorium for another period of 6 months (?Second 6-Month Moratorium?); and (iii) upon the expiry of the Second 6-Month Moratorium, the Specified Shareholders may sell, transfer or assign up to a maximum of one-third per annum (on a straight-line basis) of those Shares held under moratorium. In accordance with Rule 3.19 of the Listing Requirements and pursuant to the conditions imposed under the approval letter by Bursa Securities, a moratorium will be imposed on the sale, transfer or assignment of those Shares held by the Specified Shareholders as follows: (i) the moratorium applies to the entire shareholdings of the Specified Shareholders for a period of 6 months from the date of the admission to the ACE Market (?First 6-Month Moratorium?); (ii) upon the expiry of the First 6-Month Moratorium, the Company must ensure that the Specified Shareholders? aggregate shareholdings amounting to at least 45.00% of the total number of issued Shares remain under moratorium for another period of 6 months (?Second 6-Month Moratorium?); and (iii) upon the expiry of the Second 6-Month Moratorium, the Specified Shareholders may sell, transfer or assign up to a maximum of one-third per annum (on a straight-line basis) of those Shares held under moratorium.