Hathway Investment Nepal Limited Announces Conclusion of Lock-in Period for Promoters and Employee Shares on Ashwin 02

Hathway Investment Nepal Limited (HATHY) published a notice regarding the expiration of the lock-in period for its promoters' and employees' shares, which will expire on 2nd Ashwin, 2083.

According to the recent guidelines issued by the Securities Board of Nepal (SEBON), Hathway Investment Nepal Limited (HATHY) has officially notified its investors and stakeholders that the lock-in period for the shares held by its promoters and employees has concluded. On Ashwin 2nd , 2083, the lock-in period will end.

HATHY now has 31,711,680 units of shares listed on the Nepal Stock Exchange (NEPSE). Of these, the promoters held 27,747,720 units, and the company's employees held 58,500 units. These shares have been subject to a lock-in period since the IPO allotment three years ago.

As outlined in the official notice, the shares held by the Board of Directors and employees at higher management will not be tradable after the lock-in period.

HATHY closed at Rs. 437.20.