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24. Lock-in and Orderly Market Agreements
Lock-in Agreements
The Locked-in parties will on Admission hold 153,051,200 Ordinary Shares, approximately 79.0 per cent.
of the Enlarged Share Capital.
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Each of the Locked-in Parties has agreed with the Company, Cairn and Argento not to dispose of any
Ordinary Shares held by them for a period of 12 months following the date of Admission and in the following
12 months period not to dispose of their Ordinary Shares without the prior written consent of Cairn and
Argento, save in certain limited circumstances.
Orderly Market Agreements
The Orderly Market Parties will on Admission hold 30,948,800 Ordinary Shares, approximately 16.0 per
cent. of the Enlarged Share Capital.
Each of the Orderly Market Parties has agreed with the Company, Cairn and Argento not to dispose of any
Ordinary Shares held by them for a period of 12 months following the date of Admission without the prior
written consent of Cairn and Argento, save in certain limited circumstances.
In the following 6 months period each of the Orderly Market Parties has agreed not to dispose of their
Ordinary Shares without the prior written consent of Cairn and Argento, such consent not to be unreasonably
withheld or delayed.
Further details of the Lock-in and Orderly Market Agreements are set out in paragraph 10.10 of Part 7 of
this document.