Common use of Allocation of Transfer Shares Clause in Contracts

Allocation of Transfer Shares. ‌ No later than five Business Days after the Offer Expiry Date, the Board must allocate the Transfer Shares to the Shareholders that made a Purchase Application on the following basis: (a) Pro-rata Entitlement: The Shareholders that applied for all or less than their Pro-rata Entitlement of Transfer Shares shall be allocated the Transfer Shares applied for in their Purchase Application.‌

Allocation of Transfer Shares. ‌ No later than five Business Days after the Offer Expiry Date, the Board must allocate the Transfer Shares to the Shareholders that made a Purchase Application on the following basis: (a) Pro-rata Entitlement: The Shareholders that applied for all or less than their Pro-rata Entitlement of Transfer Shares shall be allocated the Transfer Shares applied for in their Purchase Application.‌Application.