Common Contracts
1 similar Subscription Agreement contracts
SUBSCRIPTION AGREEMENTSubscription Agreement • November 21st, 2014
The Issuer and the Joint Lead Managers wish to record the arrangements agreed between them in relation to an issue of HK$780,000,000 5.00 per cent. Convertible Bonds due 2019 (the “Firm Bonds”). In addition, the Issuer proposes to grant the Joint Lead Managers an option to subscribe up to an additional HK$200,000,000 5.00 per cent. Convertible Bonds due 2019 (the “Option Bonds”) (the Firm Bonds and the Option Bonds are together referred to collectively as the “Bonds”, which expression shall, where the context so admits, include Bonds evidenced by a global certificate (the “Global Certificate”) representing the Bonds). Definitive Certificates, if required to be issued, will be in registered form in amounts of HK$1,000,000 and integral multiples of HK$100,000 in excess thereof. The Bonds will be convertible at the option of the holder thereof into fully paid ordinary shares of HK$0.1 each of the Issuer (the “Shares”) at an initial conversion price of HK$11.63 per Share.
