SGH 0.00% 54.5¢ slater & gordon limited

Definition of escrow indicates to me the shares cannot be traded...

  1. 515 Posts.
    Definition of escrow indicates to me the shares cannot be traded until a timeframe restriction is met. Maybe that timeframe ended today.

    DEFINITION of 'Escrowed Shares' Shares held in an escrow account and in most cases cannot be traded or transfered until certain circumstances like time horizon have been reached. The use of escrow for holding shares is often done during acquisitions and for performance-based executive incentives.
 
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Currently unlisted public company.

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