Extension of Lock-up Agreements by six months

19th June 2019 - 08:36 GMT

Ranplan Group AB has entered into agreements with its four largest groups of shareholders which extend the lock-up period by six months for ca 74% of the total number of shares currently outstanding. 

The Accord entails that Mr Jinxing Xue, Mr Hongbing Li/Mrs Qimei Wu, Professor Jie Zhang/Mrs Yuhua Wu, and Dr Per Lindberg have pledged to not sell any shares, or any derivatives thereof, before the 1 Jan. 2020, at the earliest.

Shareholders as of 31 March 2019: Jinxing Xue 40%, Hongbing Li and Qimei Wu 13%, Per Lindberg 11%, Jie Zhang and Joyce Yuhau Wu 10%, other 26%.  


For further information, please contact:
Alastair Williamson, CEO
Tel: +44 7824 997 689
Alastair.Williamson@ranplanwireless.com
www.ranplanwireless.com 

Certified Adviser
FNCA Sweden AB, +46(0)8-528 00 399 info@fnca.se, is the Company’s Certified Adviser at Nasdaq First North

About Ranplan Wireless
Ranplan Wireless is an innovative wireless technology company that has developed the World’s only solution that can plan, design and optimise inbuilding and outdoor wireless networks in coordination. Our solutions enable us to help an ecosystem of companies deploy the next generation of wireless networks for a range of applications in urban environments, supporting multiple technologies such as 4G LTE, 5G, Wifi and IoT, providing end users with an unmatched quality of experience.

Ranplan Wireless is a subsidiary of Ranplan Group AB (Nasdaq First North: RPLAN) whose head office is in Stockholm, Sweden. The group operates out of offices in the UK, US and China.
www.ranplanwireless.com 

This information is such information that Ranplan Group AB is obliged to disclose under the EU Market Abuse Regulation. The information was provided by the above contact person for publication on June 19, 2019.