Certain Ordinary Shares of PT Era Digital Media Tbk are subject to a Lock-Up Agreement Ending on 11-DEC-2023.
Details:
Based on POJK No. 25/2017, any party who obtains the Company's shares at an exercise price below the Initial Public Offering price within 6 (six) months prior to submission of the registration statement to the OJK, is prohibited from transferring part or all of the ownership of the Issuer's equity securities up to 8 (eight) months after the Registration Statement becomes Effective (lock-up period).
Each of the Company's shareholders declares that they will not transfer either part or all of their shares in the Company for 8 (eight) months from the Public Offering Registration Statement Initial Shares to be effective.