Nepal Republic Media Limited Announces Conclusion of Lock-in Period for Promoters and Employee Shares on Ashad 10

Summary

Nepal Republic Media Limited announces the end of the lock-in period for promoters and employee shares on 10th Ashad, 2083, affecting over 5.4 million shares listed on NEPSE.

Key Points
  • Nepal Republic Media Limited's lock-in period for promoters and employees' shares expires on 10th Ashad, 2083.
  • NRM has 9,675,000 shares listed on the Nepal Stock Exchange (NEPSE).
  • Promoters hold 5,322,000 units and employees hold 80,159 units, both under lock-in since IPO allotment three years ago.
  • Shares held by Board of Directors and higher management employees will remain non-tradable after lock-in ends.
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