Certain Ordinary Shares of CIFI Ever Sunshine Services Group Limited are subject to a Lock-Up Agreement Ending on 17-DEC-2019.
Details:
The controlling shareholders namely Lin Zhong, Lin Feng, Lin Wei, Elite Force Development, CIFI Holdings, Xu Sheng, Spectron and Best Legend have agreed to lock-up restrictions for a period of six months from the listing date which is expected to be December 17, 2018.
The shares held by controlling shareholders will be subject to a lock-up of further six months from the expiry of first lock-up period such that on disposal of such shares they cease to be a controlling shareholder of the company.