Eight months ahead of the expiry of Gateley’s existing lock-in arrangements with most of its partner shareholders, the company has entered into a new five year agreement that will come into effect on 8 June 2020. These are very similar to the existing arrangements. In particular, partners (and their immediate families) will be restricted to selling a maximum of 10% pa of the total number of shares they held at IPO. Of the original 81 partners at the time of the IPO who were subject to t
17 Oct 2019
Very orderly extension of orderly market arrangements
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Very orderly extension of orderly market arrangements
Gateley (Holdings) Plc (GTLY:LON) | 0 0 0.0% | Mkt Cap: 158.6m
- Published:
17 Oct 2019 -
Author:
Trevor Griffiths -
Pages:
3
Eight months ahead of the expiry of Gateley’s existing lock-in arrangements with most of its partner shareholders, the company has entered into a new five year agreement that will come into effect on 8 June 2020. These are very similar to the existing arrangements. In particular, partners (and their immediate families) will be restricted to selling a maximum of 10% pa of the total number of shares they held at IPO. Of the original 81 partners at the time of the IPO who were subject to t