Green Tea Group's Controlling Shareholders Extend Lock-Up Undertaking

MT Newswires Live05-13

Green Tea Group (HKG:6831) controlling shareholders voluntarily extended their lock-up undertaking for another six months through Nov. 12, according to a Tuesday Hong Kong bourse filing.

Shares of the casual Chinese restaurant operator were up nearly 2% in Wednesday morning trade.

The extension covers 365.6 million shares, representing about 54.29% of the issued share capital.

The company's original post-initial public offering lock-up period is due to expire on May 15.

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