Certain Ordinary Shares of OTS Holdings Limited are subject to a Lock-Up Agreement Ending on 17-JUN-2022. These Ordinary Shares will be under lockup for 366 days starting from 16-JUN-2021 to 17-JUN-2022.

Details:
Controlling Shareholder, BCS, Executive Directors, Ong Bee Chi and has irrevocably and unconditionally undertaken to the Sponsor and Issue Manager, and our Company, not to, directly or indirectly offer, pledge, sell, assign, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, hypothecate, grant any security over, encumber or otherwise transfer or dispose of, any of their Shares held for the entire Lock-up period, a period of six (6) months commencing from the Listing Date (“First Lock-up Period”), and (ii) in relation to at least 50.0% of such Lock-up Shares, a period of six (6) months immediately following the First Lock-up Period(“Second Lock-up Period”).

SAC Capital has irrevocably and unconditionally undertaken to our Company, for a period of six (6) months commencing from the Listing Date (“Moratorium Period”) not to, directly or indirectly offer, pledge, sell, realise, assign, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, hypothecate, grant any security over, encumber or otherwise transfer or dispose of, any of the SAC Capital Shares held immediately after the Listing (adjusted for any bonus issue or sub-division or consolidation of shares) or any securities convertible into or exercisable or exchangeable for or which carry rights to subscribe for or purchase any of the SAC Capital Shares.