Certain Class B Shares of Modelon AB are subject to a Lock-Up Agreement Ending on 23-APR-2022.
April 22, 2022
Share
Certain Class B Shares of Modelon AB (publ) are subject to a Lock-Up Agreement Ending on 23-APR-2022. These Class B Shares will be under lockup for 360 days starting from 28-APR-2021 to 23-APR-2022.
Details:
Share-holding board members, share-holding senior executives shareholders, existing shareholders with a share exceeding 4.8 percent in Modelon and shareholder David Higbie, private and / or through companies, has undertaken to Pareto Securities that, with certain exceptions, refrain from selling or otherwise transferring or sell their shares in the Company (the " Lock-up commitment "). Lock-up the commitment is valid for a period of 360 days from first day of trading in the B shares on Nasdaq First North Growth Market for all shareholders who have entered into the lock-up commitment, with exception for Roosgruppen AB whose commitment is valid for 180 days from and with the first day of trading in the B shares on Nasdaq First North Growth Market. The lock-up commitment covers existing shares (with exemption for such shares acquired within the framework for the offer).
Modelon AB is a Sweden-based system software company that offers software and complementary products, as well as consulting services in industrial mathematical modelling, simulation and analysis of complex technical systems that enable companies to digitize, transform and improve their product development. The Company's offering includes system modeling and simulation software that accelerates product innovation, development and operation within a range of industries. Modelon's flagship product, Modelon Impact, is a cloud-based platform with a special Web interface and models and components spanning a wide range of applications. Modelon an industrial player in model-based system development with a focus on open standards.
MODELON AB 
