Certain Common Shares of IDEC Corporation are subject to a Lock-Up Agreement Ending on 18-JUN-2018.
June 17, 2018
Share
Certain Common Shares of IDEC Corporation are subject to a Lock-Up Agreement Ending on 18-JUN-2018. These Common Shares will be under lockup for 180 days starting from 20-DEC-2017 to 18-JUN-2018.
Details:
In connection with the general offering, company agreed with Mitsubishi UFJ Morgan Stanley Japan Securities Co., Ltd. that no issuance or disposal of company common shares would be done without a prior written consent from Mitsubishi UFJ Morgan Stanley Japan Securities Co., Ltd., during the period which starts on the Disposal Price Determination Date, and ends on the 180th day counting from the general offering’s delivery date.
IDEC CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of control equipment related products. The Company operates in four geographic segments, including Japan, America, EMEA and Asia Pacific. The main business is manufacturing and sale of human machine interface (HMI) solutions, in-board equipment solutions, automation solutions, safety and explosion-proof solutions, systems, and others. HMI solutions include switches, joysticks and indicator lights. In-board equipment solutions include switching power supplies, terminal blocks, control relays sockets, circuit protectors and others. Automation solutions include programmable controllers, programmable displays, photoelectric switches and automatic recognition devices. Safety and explosion-proof solutions include safety-related equipment and explosion-proof equipment. The Company is also engaged in manufacture and sale of systems, collaborative safety robot system business and environment energy business.
IDEC CORPORATION 
