Nepal Warehousing’s 5.52 Million Shares Lock-In Period to Expire on Mangsir 19
The lock-in period for a total of 5,527,500 shares owned by promoters and employees of Nepal Warehousing Company Limited is set to expire on Mangsir 19. Following the expiration, the respective shareholders will be eligible to sell or transfer their shares in the secondary market.
The 'lock-in' period for 5,527,500 shares of Nepal Warehousing Company Limited is set to expire on Mangsir 19. The lock-in restriction designated for institutional and internal shareholders is coming to an end upon the completion of the mandated timeframe following the public share allotment.
The structure of the shares being unlocked is as follows:
- Promoter Shareholders: 5,500,000 shares
- Company Employees: 27,500 shares
In accordance with prevailing securities regulations, once the lock-in period ends, the respective promoter shareholders and employees will become eligible to buy, sell, or trade their shareholdings in the secondary stock market.