Legal and professional services group Gateley said it had entered into a new five-year agreement with its partners that placed certain restrictions on the sale of shares in the company. The new agreement would become effective on 8 June 2020 following the expiry of the current lock-in arrangements, which were put in place at the time of the company's admission to AIM in June 2015. Of the 81 partners who were subject to the current lock-in agreement at admission, 75 remain with the group. Of these remaining partners, 70, who, together with their respective associates, hold in aggregate 56,187,614 shares, representing a 49.4% stake in Gateley, had entered into the new agreement, the company said.
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