880,338,660 Common Shares of Bank of Commerce are subject to a Lock-Up Agreement Ending on 28-SEP-2022. These Common Shares will be under lockup for 181 days starting from 31-MAR-2022 to 28-SEP-2022.
Details:
Under the PSE Consolidated Listing and Disclosure Rules, an applicant company shall cause its existing shareholders who own an equivalent of at least ten percent (10%) of the issued and outstanding shares of stock of the company to refrain from selling, assigning, or in any manner disposing of their shares for a period of 180 days after the listing of said shares if the applicant company meets the track record requirements in Section 1, Article III, Part D of the PSE Consolidated Listing and Disclosure Rules; or 365 days after the listing of said shares if the applicant company is exempt from the track record and operating history requirements of the PSE Consolidated Listing and Disclosure Rules.