Consideration Shares. Subject to Section 2.5.3, the Parent shall issue, as fully paid, in the name of each Vendor, the number of Consideration Shares equal to each Vendor’s Designated Percentage (as set forth next to such Vendor’s name in Schedule 2.1, which Schedule is being delivered by the Vendors concurrently with the execution of this Agreement) of the Consideration Share Amount divided by US$7.4895, representing the value of each Consideration Share calculated at the volume weighted average price at which the Telix Shares are traded on the ASX (excluding special crossings and overnight sales) for the ten (10) trading day period immediately ending on Friday March 1, 2024, as converted from AUD to USD at the exchange rate published online by the Reserve Bank of Australia as of the Business Day prior to the date hereof.
Appears in 4 contracts
Samples: Share Purchase Agreement (Telix Pharmaceuticals LTD), Share Purchase Agreement (Telix Pharmaceuticals LTD), Share Purchase Agreement (Telix Pharmaceuticals LTD)
