IPO - Tymlez Group Limited, page-43

Just following on from this, is there any specific reasons as to why only 2.5m out of 35m shares currently held by 'other investors' would be in escrow and not a higher proportion? Does anyone have a straight, non-politician like answer?

I thought there was a cash formula for working this stuff out based on the issue price and/or timeline of past shares...

In for a small bid, can't get as excited as I'd like the given capital structure in a market with shaky sentiment, but interested in the business itself which has to take priority. Peak hopefully on hand to mop up those taking profits too, albeit higher market cap stock compared with some of their past floats