RE: 1p15 Nov 2023 14:42
Please read RNS 14/11/2023
Application has been made to the London Stock Exchange plc for the 2,937,801,971 New Ordinary Shares to be admitted to trading on AIM ("Admission") and Admission is expected to become effective at 8.00am on 15 November 2023, upon which the Funding Package transaction will complete.
Xinmao has agreed to not dispose of any New Ordinary Shares for a period of 12 months following Admission and, for a further period of 12 months, to only dispose of the New Ordinary Shares through SP Angel Corporate Finance LLP, or the Company's then broker, on an orderly market basis.