Common use of Nominal value of Shares Clause in Contracts

Nominal value of Shares. Apart from under this Rule 9.2, no adjustment under Rule 9.1 can have the effect of reducing the Option Price to less than the nominal value of a Share. Where an Option subsists over both issued and unissued Shares, any such adjustment may only be made if the reduction of the Option Price in respect of both the issued and the unissued Shares can be made to the same extent. Any adjustment made to the Option Price of Options over unissued Shares shall only be made if and to the extent that the Board will be authorised to:

Nominal value of Shares. (a) Apart from under this Rule 9.28.2, no adjustment under Rule 9.1 8.1 can have the effect of reducing reduce the Option Price to less than the nominal value of a Share. Where an Option subsists over both issued and unissued Shares, any such an adjustment may only be made if the reduction of the Option Price in respect of both the issued and the unissued Shares can be made to the same extent. Any adjustment made to the Option Price of Options over unissued Shares shall only be made if and to the extent that the Board will be authorised to:.

Nominal value of Shares. Apart from under this Rule 9.2, no adjustment under Rule 9.1 can have the effect of reducing reduce the Option Price to less than the nominal value of a Share. Where an Option subsists over Options relate to both issued and unissued Shares, any such an adjustment under Rule 9.1 above may only be made if the reduction of the Option Price in respect of both the issued and the unissued Shares can be made to the same extent. Any adjustment made to the Option Price of Options over unissued Shares shall to less than the nominal value of a Share will only be made if and to the extent that the Board will be is authorised to:

Nominal value of Shares. Apart from under this Rule 9.210.2, no adjustment under Rule 9.1 10.1 can have the effect of reducing reduce the Option Price to less than the nominal value of a Share. Where an Option subsists over both issued and unissued Shares, any such an adjustment may only be made if the reduction of the Option Price in respect of both the issued and the unissued Shares can be made to the same extent. Any adjustment made to the Option Price of Options over unissued Shares shall will only be made if and to the extent that the Board will be is authorised to: