Certain Ordinary Shares of The Power and Water Utility Company for Jubail and Yanbu are subject to a Lock-Up Agreement Ending on 4-MAY-2023.
Details:
The period during which the Substantial Shareholders are subject to a lock-up period of six (6) months starting from the date of commencement of trading of the Offer Shares on the Exchange. During such period, the Substantial Shareholders may not dispose of any of their shares. After the end of the Lock-up Period, the Substantial Shareholders may dispose of their shares without prior approval from the CMA.