Indicative Timetable. Each party shall use its reasonable endeavours to take all steps as are necessary to implement the Acquisition in accordance with the Announcement and the Indicative Timetable.
Indicative Timetable. Without prejudice to the remainder of the obligations contained in this clause 2, each party agrees to use their respective reasonable endeavours to comply with the Indicative Timetable, as varied by the parties at any time or from time to time.
Indicative Timetable. An indicative timetable is included in the SIA. The Scheme booklet containing the details of the Scheme, information regarding the transactions contemplated by the Scheme, the Independent Experts Report on whether the Scheme is in the best interests of Xxxxxx’s holders, together with the reasons for the Directors’ recommendation is expected to be mailed to holders in October 2020. The meeting to vote on the Scheme is expected to be held in November 2020, but dates are indicative and subject to change. Authorised by: Xxx Xxxx Company Secretary xxxxx@xxxxxxxxxxxxxxxxxxx.xxx.xx For further information, please contact: Wameja Limited xxx.xxxxxx.xxx Xxxx Xxxxxxx, Non-Executive Chairman Xxx Xxxx, Company Secretary xxxxxxxxx@xxxxxx.xxx finnCap Limited (Nomad and Broker) Corporate Finance: Xxxxx Xxxxxxxx-Xxxxx / Xxxxxx Xxxxx Corporate Broking: Xxx Xxxxxxx / Xxxxxxx Xxxxxxxx xxx.xxxxXxx.xxx T: +00 (0) 00 0000 0000 About Wameja Wameja and Mastercard are joint venture partners of the HomeSend global payment hub. HomeSend enables cross- border transfer between bank accounts, cards, mobile wallets, or cash outlets from anywhere in the world. As a founding partner in the HomeSend hub, Xxxxxx helped conceive and bring the opportunity to market. Cancellation of Options As stated above, the transaction is subject to the cancellation of all existing employee and executive options and the performance options. The Company negotiated the consideration to be paid for the cancellation of the employee and executive options with the individual option holders. The negotiation was conducted at arm’s length with Xx Xxxxxxx and Xx Xxxx not participating in the negotiation, rather they accepted the consideration that was negotiated by the Company with the other employee and executive option holders. No consideration is to be paid for the performance options as they are expected to fail to meet their performance threshold (being a 15p VWAP for the 30 trading days to 30 September 2020) and expire on 30 September 2020. The Company had the benefit of an independent third-party valuation for the executive and employee options in conducting the negotiation. The consideration being paid to Xxxxx Xxxx and Xxxx Xxxxxxx for the cancellation of their employee and executive options is deemed a related party transaction under Rule 13 of the AIM Rules. The following table provides a breakdown of executive and employee options held by the Xxxxx Xxxx and Xxxx Xxxxxxx, and the consideration to be paid ...
Indicative Timetable. The indicative timetable for completion of the transaction and FRG’s re-compliance with the ASX Listing Rules is outlined below: Event Date Despatch Notice of Meeting 7-Sep Lodge Prospectus with ASIC and ASX 1-Oct General Meeting 8-Oct Suspension of trading in the Company’s securities 8-Oct Offer under Prospectus opens 12-Oct Offer under Prospectus closes 26-Oct Consolidation record date 6-Nov Completion of Crest acquisition and issue of shares under the Prospectus 9-Nov Expected date for re-quotation of the Company’s shares on ASX 8-Nov INDICATIVE CAPITAL STRUCTURE On the basis Crest completes the acquisition on the terms set out above, Crests capital structure on a post- Consolidation basis will be as follows (assuming a 1 for 10 Consolidation, A$12 million is raised under the Capital Raising at $0.10 per Crest Share and no other shares are issued by either Crest or LangTech), excluding staff options: Shareholders Number of shares held Current Crest shareholders1 12,252,371 Placement shares 3,062,500 Facilitation Shares 5,000,000 Pre-RTO new investors in Langtech2 33,750,000 LangTech Initial Shareholder Group3 105,000,000 Santino Loan4 15,000,000 New Shareholders in Capital Raising (assuming maximum amount of A$12.0 million raised) 120,000,000 Total 294,064,871
Indicative Timetable. 4.1 The anticipated timetable for this tender exercise is as follows. DECC reserves the right to vary this timetable. Tender Timeline Timetable Advert and full invitation to tender issued 18th February 2013 Submit tender 10am 11th March 2013 Evaluation Period of proposals begins 12th March 2013 Evaluation Period ends 19th March 2013 Inform shortlisted suppliers 20th March 2013 Inform unsuccessful suppliers and provide feedback 20th March 2013 Interviewing of shortlisted suppliers 25th March 2013 Evaluation following interviews 26th March 2013 Unsuccessful letters sent 27th March 2013 Supplier Awarded 8th April 2013
Indicative Timetable. An offer document regarding the Offer and a retail shareholder information brochure will be published. These documents are expected to be published during the third quarter of 2007.6 The acceptance period will commence promptly following the publishing of the offer document, and will last for no less than 20 business days. NASDAQ reserves the right to extend the acceptance period and to defer the date for settlement subject to applicable law and the Transaction Agreement. The completion of the Offer is conditional upon the satisfaction of certain conditions as set out in section 11.4 above, including expiration of the Xxxx-Xxxxx-Xxxxxx waiting period and 6 The Swedish Securities Council (Sw ”Aktiemarknadsnämnden”) has extended the time period for preparing and filing the Swedish offer document from 4 weeks to 10 weeks due primarily to extensive filing requirements in the US, see ruling AMN 2007:19. Further extensions may be granted if necessary receipt of anti-trust and full regulatory approvals and NASDAQ shareholder approval. NASDAQ and OMX expects the Offer is to be completed by year-end 2007. Further details regarding the publication of these documents and the timetable for the Offer period will follow in a separate press release in due course.
Indicative Timetable. XL shall take all steps as are reasonably necessary to implement the Acquisition in accordance with the Indicative Timetable.
Indicative Timetable. Wk1-2 Wk3-4 Wk5 Wk6 Wk7 Wk8 Month 3 Month 4 Month 5 Month 6 Month 7 -------------------- ------- ------- ------- ------- ------ ------- --------- --------- --------- --------- --------- Sign LOI for X Combination company -------------------- ------- ------- ------- ------- ------ ------- --------- --------- --------- --------- --------- Due Diligence X X -------------------- ------- ------- ------- ------- ------ ------- --------- --------- --------- --------- --------- Market to PE X X -------------------- ------- ------- ------- ------- ------ ------- --------- --------- --------- --------- --------- Draft Agreements X X -------------------- ------- ------- ------- ------- ------ ------- --------- --------- --------- --------- --------- Execute Control X Doc's Combine companies -------------------- ------- ------- ------- ------- ------ ------- --------- --------- --------- --------- --------- Close 1st round X Investment -------------------- ------- ------- ------- ------- ------ ------- --------- --------- --------- --------- --------- Close PIPE X investment round -------------------- ------- ------- ------- ------- ------ ------- --------- --------- --------- --------- --------- Begin trading on X OTC -------------------- ------- ------- ------- ------- ------ ------- --------- --------- --------- --------- --------- Investor Relations X Program -------------------- ------- ------- ------- ------- ------ ------- --------- --------- --------- --------- --------- File with SEC X -------------------- ------- ------- ------- ------- ------ ------- --------- --------- --------- --------- --------- Print PPM X -------------------- ------- ------- ------- ------- ------ ------- --------- --------- --------- --------- --------- Market $ Close on X PIPE Investment -------------------- ------- ------- ------- ------- ------ ------- --------- --------- --------- --------- --------- File Registration X Statement -------------------- ------- ------- ------- ------- ------ ------- --------- --------- --------- --------- --------- File with AMEX X -------------------- ------- ------- ------- ------- ------ ------- --------- --------- --------- --------- --------- Road Show to X Investors -------------------- ------- ------- ------- ------- ------ ------- --------- --------- --------- --------- --------- Reg. Statement Approved X -------------------- ------- ------- ------- ------- ------ ------- --------- --------- --------- --------- ---------
Indicative Timetable. Each party shall use its reasonable endeavours to, and to cause to be done and to assist and cooperate with the other parties in doing, take all steps as are necessary, proper, advisable or desirable to implement the Acquisition in accordance with this Agreement and the Indicative Timetable.
Indicative Timetable. [Omitted. The registrant agrees to furnish supplementally a copy of such omitted appendix to the U.S. Securities and Exchange Commission upon request.] Schedule 4 - Target Assets [Omitted. The registrant agrees to furnish supplementally a copy of such omitted appendix to the U.S. Securities and Exchange Commission upon request.] Schedule 5 - Milestone WarrantsRestriction Agreement [Enclosed] Schedule 6 - CVR Agreement [Enclosed] 60 Schedule 7 - Incentive Compensation Program [Omitted. The registrant agrees to furnish supplementally a copy of such omitted appendix to the U.S. Securities and Exchange Commission upon request.] Signing page Executed as an agreement. Executed by Wize Pharma, Inc. By: Name: Title: Executed by Cosmos Capital Limited ACN 636 458 912 in accordance with section 127 of the Corporations Xxx 0000: Director / company secretary Director Name of director / company secretary Name of director (block letters) 62 Annexure A - Agreed Announcements [Enclosed]
