Supermai Hydropower Limited Announces Conclusion of Lock-in Period for Promoters, Project-Affected Area Locals and Employee Shares on Falgun 04
Summary
Supermai Hydropower Limited announces the end of the lock-in period for shares held by promoters, project-affected area residents, and employees effective 4th Falgun 2082, allowing those shares to be tradable.
Key Points
- Supermai Hydropower Limited announces expiration of lock-in period for promoters, project-affected area locals and employee shares on 4th Falgun 2082.
- The company has 5,350,000 shares listed on Nepal Stock Exchange (NEPSE).
- Promoters hold 4,280,000 units, project-affected area residents 535,000 units, and employees 10,700 units subjected to lock-in since IPO allotment three years ago.
- Shares held by Board of Directors and higher management employees remain non-tradable after the lock-in period.