Certain Ordinary Shares of Kitwave Group plc are subject to a Lock-Up Agreement Ending on 24-MAY-2023. These Ordinary Shares will be under lockup for 730 days starting from 24-MAY-2021 to 24-MAY-2023.

Details:
The Directors of the company have agreed that they will not dispose of any Ordinary Shares held by them or their related parties (as such term is defined in the AIM Rules) on Admission for (i) a period of 12 months from Admission, save in specified and customary circumstances (Director Initial Lock-in Period) and (ii) following expiry of the Director Initial Lock-in Period, for a further 12 month period save in specified and customary circumstances or otherwise with Canaccord Genuity' prior consent. Furthermore, any transfer of Ordinary Shares by Directors or their related parties during the 24 month period following Admission must be made via Canaccord Genuity and in such manner as Canaccord Genuity may determine so as to maintain an orderly market in the Ordinary Shares.