327,421,875 Ordinary Shares of The ONE Enterprise Public Company Limited are subject to a Lock-Up Agreement Ending on 5-MAY-2022.
May 04, 2022
Share
327,421,875 Ordinary Shares of The ONE Enterprise Public Company Limited are subject to a Lock-Up Agreement Ending on 5-MAY-2022. These Ordinary Shares will be under lockup for 182 days starting from 4-NOV-2021 to 5-MAY-2022.
Details:
1,309,687,500 shares or 55% of the total shares post IPO (Total number of shares as of the first trading day are 2,381,250,000 shares) will be deposited with the company Thailand Securities Depository Company Limited for a period of 1 year (Silent Period) and will be able to gradually sell 327,421,875 shares or equivalent to 25% of the shares that were prohibited from selling at the end of 6 months from the first trading day. And will be able to sell the remaining 982,265,625 shares that are prohibited from selling upon completion of 1-year period from the first trading day of the Companys shares.
The ONE Enterprise Public Company Limited is a Thailand-based company, which deals with media and entertainment businesses as a vertically integrated service provider. The Company is principally engaged in digital television (TV), radio, production of content, production of advertising media, rent advertising space, sublease television station, artist management, studio rental service and investment in other businesses. It is a producer and creator of diverse content, including dramas, sitcoms, series, variety shows and news programs. It operates its business as: copyright management business, international copyright sales business, media production and management business, radio production business, event business, artist management business, merchandising business and studio rental business. It provides two types of distribution channels, including online channels and over the top (OTT) platform channels.