Split Partition command will allow DML operation simultaneously?

I need to know if I run the below split partition command, will it allow DML operation simultaneously? (or will other users can continue with select, insert or update without any issue?)

ALTER TABLE RULES_AUDIT_LOG_PARAM_VAL

  SPLIT PARTITION RULES_AUDIT_LOG_PARAM_VAL_PM AT (252700008)

  INTO (PARTITION RULES_AUDIT_LOG_PARAM_VAL_P40 , PARTITION RULES_AUDIT_LOG_PARAM_VAL_PM);