First Graphene Limited Releases Escrowed Shares

First Graphene Limited announced on December 21, 2015, that shares held under escrow agreements have been released. The announcement indicated that shares previously subject to restrictions, held by directors and their associates, are now freely tradable on the stock market.

Escrow arrangements are typically used to restrict the immediate sale of shares by certain security holders, often company insiders, following an initial public offering or listing. This release allows for the trading of these shares and may impact the liquidity of the company's stock.

The company did not provide further details regarding the specific reasons for the escrow release or its immediate implications. First Graphene Limited is a company focused on the development of graphene materials.