The lock-in period for more than 54 lakh shares of Nepal Republic Media Limited held by its promoters and employees is going to end after upcoming Ashad 10. After this period completes, these shares can be bought and sold in the secondary market like normal shares.
According to information given by company, these shares was locked for three years from the date of IPO allotment to the general public, which happened on Ashad 11, 2080 B.S. Now, this three-year period is finishing after Ashad 10, 2083 B.S.
When the lock-in period ends, 53 lakh 22 thousand shares owned by the promoter group and 80 thousand 159 shares kept for the employees will finally be open for daily trading on the stock exchange.
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