Certain Ordinary Shares of Chervon Holdings Limited are subject to a Lock-Up Agreement Ending on 29-DEC-2022. These Ordinary Shares will be under lockup for 366 days starting from 28-DEC-2021 to 29-DEC-2022.

Details:
Each of the Controlling Shareholders has irrevocably and unconditionally undertaken to the Stock Exchange they will not, either directly or indirectly dispose of, nor enter into any agreement to dispose of or otherwise create any options, rights, interests or encumbrances in respect of any of the securities of Company for a period of six months from the Listing Date and six months commencing on the date on which the First Six-Month Period expires.