IMotion Automotive Executives Pledge 12-Month Share Lock-Up

MT Newswires Live

02/12

Various senior-level executives at IMotion Automotive Technology (Suzhou) (HKG:1274) voluntarily undertook not to dispose of any shares in the company for 12 months starting Thursday, Feb. 13, a Wednesday bourse filing said.

The commitment was made by chairman, CEO, controlling shareholder, and executive director Song Yang; executive Director Li Shuangjiang; and supervisor and chairman of the board of supervisors, Luo Hong.

As of Wednesday, Feb. 12, there were 65,975,200 shares subject to the undertaking, representing 28.59% of the firm's issued shares.

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