Certain Ordinary Shares of Talabat Holding plc are subject to a Lock-Up Agreement Ending on 9-JUN-2025.
Published on 06/08/2025 at 20:20
Details:
Pursuant to an underwriting agreement to be entered into between the Company, the Selling Shareholder and the Joint Bookrunners prior to the date of Admission (the ?Underwriting Agreement?), the Shares held by the Selling Shareholder following Admission will be subject to a lock-up which starts on the date of Admission and ends 180 days thereafter.
Pursuant to the Cornerstone Investor Agreements, the Cornerstone Investors have respectively agreed that, subject to certain customary exceptions, during a period of not less than 180 days from the Closing Date, such Cornerstone Investor will not offer, sell or contract to sell, or otherwise dispose of, directly or indirectly, or announce an offer of any Shares it has acquired under the Cornerstone Investor Agreements (or any interest therein in respect thereof) or enter into any transaction with the same economic effect as any of the foregoing.