Two-year lockup on 106 mn CI Capital shares expires

A two-year lockup period on a little over 106 mn shares of CI Capital issued in a capitalincrease (pdf) as part of the investment bank’s 2018 IPO has now expired, the local press reports. That means anchor shareholder Global Holdings Group is now free to sell shares representing 8.5% of CI Capital’s total share base, while Ismail Bin Ali Group has shares equivalent to 5.3% of the company now exiting lockup and CIB is now free to trade shares equivalent to about 5.7% of CI Capital’s total shares outstanding.