OTM Share Lock-In HOME › The Arena › Property Portals Forum › OTM Share Lock-In Viewing 4 posts - 1 through 4 (of 4 total) Go to latest post Author Posts October 4, 2017 at 13:52 #47956 BrandNewMember As a gold member who voted No we have just received a letter asking us to sign the lock-in agreement. We note that it does not indicate what happens if we don’t but it does imply that by not signing it immediately we could delay the IPO. Any members have any views on this. Do they need unanimous agreement of the lock-in to proceed? October 5, 2017 at 10:40 #47992 BrandNewMember Interestingly, the OTM Rep has just been in to see me for the first time in two years. Apparently, we do not have to sign the lock-in which would allow us to sell the shares on day one. And if enough of the ‘No’ voters do not sign it could make the IPO more difficult. I wonder why thee have not mentioned it before. October 6, 2017 at 08:46 #48033 smile pleaseMember <span style=”font-size: 14px;”><span style=”color: #404040; font-family: Lato, sans-serif;”>I wonder why thee have not mentioned it before.</span></span> I think we know why 😉 October 6, 2017 at 13:42 #48035 Ostrich17Member We have just received our letter too. IS predicts the shares will be worth £4 -£5. His record to date does not inspire confidence. If Gold Members are not signing new agreements or lock-ins, he might not get his £20 million? Author Posts Viewing 4 posts - 1 through 4 (of 4 total) You must be logged in to reply to this topic.