China Renaissance Holdings (HK:1911) has released an update.
China Renaissance Holdings Limited has announced a significant commitment from its executive directors, who will not sell their interest in the company’s shares, amounting to approximately 2.2%, during a lock-up period from September 8, 2024 to March 7, 2025. This lock-up undertaking is aimed at stabilizing the company’s share price and demonstrating the executives’ confidence in the firm’s future. The directors may, however, terminate the agreement with a 5-day written notice beforehand.
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