Certain Shares of New Constructor's Network Co., Ltd. are subject to a Lock-Up Agreement Ending on 11-JUN-2019.
June 10, 2019
Share
Certain Shares of New Constructor's Network Co., Ltd. are subject to a Lock-Up Agreement Ending on 11-JUN-2019. These Shares will be under lockup for 90 days starting from 13-MAR-2019 to 11-JUN-2019.
Details:
The lender Ikuo Takusari, sellers Tsuneo Sugiyama, Yoji Ito, Kazuyoshi Nitta and Koichiro Sugiyama, and company shareholders Tasugi Sogyo Ltd., Sojitz Building Materials Corporation, Yoshihisa Sugiyama, Kazuhiro Yamakawa, Hiroshi Yamakawa, Hiroshi Suzuma, Kazuhito Nakagawa, Masahiro Kizu, Azuma Fujishiro, Hiroshi Fukuda, Takayuki Matsunobu, Hiroaki Koketsu, Chuzo Matsui, Naomi Hayashi and Fumiaki Oka, have agreed with the lead manager, not to sell company common shares (however, excluding the sale by underwriters’ purchase subscription and the lease and transfer of company common shares for the sale by overallotment), beginning on the date of the conclusion of the original underwriting agreement to 90 days after the listing date (start of trading) (including that day) on June 11, 2019, without prior written consent from the lead manager.
New Constructor's Network Co., Ltd. is a Japan-based company principally engaged in the wooden seismic design and sale of structural members based on the design. According to the size of the property, the Company's wooden seismic design business is classified into the housing sector and the large-scale wooden building (non-residential) area. In the residential field, the Company develops business by classifying it as network development through the construction company network and house maker through the Companyâs affiliated company MUJI HOUSE Co.,LTD. The Company also conducts new business, such as the provision of thermal computing service, long-term superior housing certification agency service, as well as housing loan business and building information modeling (BIM) business, among others.