RE: afriag12 Apr 2021 19:05
ETAILS OF ANY LOCK-IN ARRANGEMENTS:
A lock-in agreement was executed by and among the Company, the Proposed Directors, Apollon
Formularies, Inc. and Roderick McIllree and Peterhouse, pursuant to which the Proposed Directors, Apollon
Formularies, Inc. and Roderick McIllree have undertaken, save in certain circumstances, not to sell or
otherwise dispose of or agree to sell or dispose of any of their interests (direct or indirect) in the Ordinary
Shares held by them (or subsequently acquired by them) for a period of twelve months commencing on the
date of Admission (“Lock-in Period”). In addition, the Proposed Directors, Apollon Formularies, Inc. and
Roderick McIllree have undertaken to the Company and Peterhouse not to dispose of their Ordinary Shares
for a period of 12 months after the end of the Lock-in Period without first consulting the Company and
Peterhouse in order to maintain an orderly market for the Ordinary Shares. The Proposed Directors, Apollon
Formularies, Inc. and Roderick McIllree will hold in aggregate 413,483,412 Ordinary Shares representing
55.25 per cent. of the Enlarged Share Capital, on Admission.