Certain Common Stock of Wavelock Holdings Co., Ltd. are subject to a Lock-Up Agreement Ending on 9-JUL-2017.
July 08, 2017
Share
Certain Common Stock of Wavelock Holdings Co., Ltd. are subject to a Lock-Up Agreement Ending on 9-JUL-2017. These Common Stock will be under lockup for 91 days starting from 9-APR-2017 to 9-JUL-2017.
Details:
In relation to the sale by underwriters’ purchase subscription, the company’s shareholder, Sangetsu Co., Ltd., ENTIRE HOLDING GROUP LTD., Jun Kinebuchi, Akira Fukuda, Tomonori Ishihara, Tatsushi Sotoyama and Kentaro Shimada, have agreed with the lead manager, not to sell company shares , beginning on the day of the conclusion of the original underwriting agreement to 90 days after the listing date (start of trading) (including that day) on July 8, 2017, without prior written consent from the lead manager.
WAVELOCK HOLDINGS CO., LTD. is a Japan-based holding company mainly engaged in the manufacture and sale of composite materials made from plastic, fiber and paper. The Company operates through four business segments. Interior segment is involved in the manufacture and sale of wallpaper products, as well as the sale of related products. Weaving segment is involved in the manufacture of net products made of synthetic fibers, as well ae the sale of insect-proof nets for general houses, insect-proof nets for rehabilitation, agricultural material nets, civil engineering materials and construction temporary materials. Advanced Technology segment is involved in the sale of metal decorative films, glitter tapes, special printing, functional films and sheets and opening tapes. Industrial Materials and Packaging Materials segment is involved in the sale of films and plastic sheets including construction temporary materials, agricultural materials, food packaging materials.