BREAKING NEWS

Lock-In Period for Over 4.2 Million Three Star Hydropower Shares Set to Expire on July 3

The lock-in period for 4.201 million shares of Three Star Hydropower Limited will expire on Asar 19, 2083.

Nepalytix
5 min read
Lock-In Period for Over 4.2 Million Three Star Hydropower Shares Set to Expire on July 3

The lock-in period for 4,201,025 shares of Three Star Hydropower Limited is scheduled to end on Asar 19, 2083, allowing the shares to enter the secondary market for trading.

According to the company, the shares whose lock-in period is expiring include 3,693,750 founder shares, 492,500 shares allocated to local residents, and 14,775 shares reserved for employees.

Lock-in periods are imposed to prevent certain categories of shareholders, such as founders, local investors, and employees, from selling their shares immediately after a public offering. The restriction is intended to promote market stability and align long-term interests with the company's growth.

Following the expiration of the lock-in period, these shares will become eligible for trading on the secondary market, potentially increasing the company's free-float shares available to investors.

Market participants often closely monitor lock-in expirations, as the entry of a large volume of shares into the market can influence trading activity, liquidity, and short-term price movements.

Investors are expected to keep an eye on trading patterns once the shares become freely transferable after the lock-in period ends.

Nepalytix

Financial News Reporter