CLARIFICATION ABOUT LENDMN BLOCK TRADING

Stock market

CLARIFICATION ABOUT LENDMN BLOCK TRADING

On 14 and 15 March 2018, 20.0 million Shares of ‘LendMN BBSB’ traded on block trading of MSE. ‘Mirae Asset Securities Mongol UTsK’ LLC, the underwriter company who organized this block trading sent the clarification letter to Mongolian Stock Exchange. In the letter, ‘Mirae Asset Securities Mongol UTsK’ LLC explained about the block trading, and it has condition of Lock-up, which means 20.0 million shares are not able to trade on secondary market for 8 more months.

Source: MSE.mn

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