Certain Ordinary Shares of Midland Bank Limited are subject to a Lock-Up Agreement Ending on 26-MAR-2024. These Ordinary Shares will be under lockup for 365 days starting from 27-MAR-2023 to 26-MAR-2024.

Details:
Shares held by sponsors, directors and shareholders holding 10% (ten percent) or more, for 03 (three) years;

In case, any existing sponsor or director of the issuer transfers any share to any person, those transferred shares, for 03 (three) years;

Shares allotted to any person, before 4 (four) years or more of according consent to the public issue, other than the persons mentioned in clause (a) and (b), for 01 (one) year;

Shares held by alternative investment funds or by foreign investors, for 01 (one) year;

Shares held by any person, other than the shares mentioned in clause (a), (b), (c) and (d) above, for 02 (two) years