Certain Ordinary Shares of Lub-rref (Bangladesh) Limited are subject to a Lock-Up Agreement Ending on 8-MAR-2024. These Ordinary Shares will be under lockup for 1095 days starting from 9-MAR-2021 to 8-MAR-2024.

Details:
Ordinary Shares of the issuer shall be subject to lock-in, from the first trading date of the securities on any exchange in the following manner: Shares held by sponsors, directors and shareholders holding 10% (ten percent) or more, for three years. Any existing sponsor or director of the issuer transfers any share to any person, those transferred shares, for three years. Shares allotted to any person, before four years or more of according consent to the public issue, other than the shares mentioned above one year. Shares held by alternative investment funds, for one year. Shares held by any person, other than the shares mentioned above, for two years.