Adjustment to the Conversion Price. In relation to each Note for which the Conversion Date has not occurred prior to the Effective Date, the Conversion Price shall be adjusted by multiplying the Conversion Price in effect immediately prior to the Effective Date by the following fraction: where: A = the Current Market Price of one Share on the Exchange Business Day immediately preceding the date of the first public announcement of such offer; and B = the Fair Market Value on the date of such announcement of the portion of the relevant offer attributable to one Share.
Appears in 2 contracts
Samples: Trust Deed (BMB Munai Inc), Trust Deed (Bema Gold Corp /Can/)
Adjustment to the Conversion Price. In relation to each Note for which the Conversion Date has not occurred prior to the Effective Date, the Conversion Price shall be adjusted by multiplying the Conversion Price in effect immediately prior to the Effective Date by the following fraction: where:
: A = the Current Market Price number of one Share Shares in issue on the Exchange Business Day immediately preceding the date of the first public announcement of such offerannouncement; and B = the Fair number of Shares which the Aggregate Consideration would purchase at such Current Market Value on the date of such announcement of the portion of the relevant offer attributable to one Share.Price; and
Appears in 1 contract
Samples: Trust Deed (Bema Gold Corp /Can/)
Adjustment to the Conversion Price. In relation to each Note for which the Conversion Date has not occurred prior to the Effective Date, the Conversion Price shall be adjusted by multiplying the Conversion Price in effect immediately prior to the Effective Date by the following fraction: where:
: A = the Current Market Price number of one Share Shares in issue on the Exchange Business Day immediately preceding the date of the first public announcement of such offerannouncement; and B = the Fair number of Shares which the Aggregate Consideration would purchase at such Current Market Value on Price; and C = (1) in the date case of such announcement an issue of Shares, the portion number of the relevant offer attributable to one Share.Shares issued; or
Appears in 1 contract
Samples: Trust Deed (BMB Munai Inc)
Adjustment to the Conversion Price. In relation to each Note for which the Conversion Date has not occurred prior to the Effective Date, the Conversion Price shall be adjusted by multiplying the Conversion Price in effect immediately prior to the Effective Date by the following fraction: where:
A = the Current Market Price of one Share on the Exchange Business Day immediately preceding the date of the first public announcement of the terms of such offerissue or grant; and B = the Fair Market Value on the date of such announcement of the portion of the relevant offer rights attributable to one Share.
Appears in 1 contract
Samples: Trust Deed (Bema Gold Corp /Can/)
Adjustment to the Conversion Price. In relation to each Note for which the Conversion Date has not occurred prior to the Effective Date, the Conversion Price shall be adjusted by multiplying the Conversion Price in effect immediately prior to the Effective Date by the following fraction: where:
: A = the Current Market Price of one Share on the Exchange Business Day immediately preceding the date of the first public announcement of the terms of such offerissue or grant; and B = the Fair Market Value on the date of such announcement of the portion of the relevant offer rights attributable to one Share.
Appears in 1 contract
Samples: Trust Deed (BMB Munai Inc)
Adjustment to the Conversion Price. In relation to each Note for which the Conversion Date has not occurred prior to the Effective Date, the Conversion Price shall be adjusted by multiplying the Conversion Price in effect immediately prior to the Effective Date by the following fraction: where:
A = is the Current Market Price number of one Share Shares in issue on the Exchange Business Day immediately preceding the date of the first public announcement of such offerannouncement; and B = is the Fair Market Value on number of Shares which the date of such announcement Aggregate Consideration (calculated taking account of the portion of the relevant offer attributable to one Share.amended rights) would purchase at such Current Market Price; and
Appears in 1 contract
Samples: Trust Deed (BMB Munai Inc)