Mabilung Energy Limited has announced that the lock-in period for shares reserved for mutual funds will expire in Falgun (B.S.). A total of 75,236 shares allocated for the mutual fund will be released from lock-in on Falgun 8.
These shares were placed under a lock-in period of six months from the date of allotment to the public. The company had completed its IPO allotment on Bhadra 8 (B.S.).
Mabilung Energy had issued 15,004,706 ordinary shares, representing 48.9998% of the total capital, to the general public from Saun 26 to Saun 29 (B.S.). The shares reserved for the mutual fund formed a part of this public issuance.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
