Examples of Additional New Shares in a sentence
After adjusting for the issue of the New Shares and the Additional New Shares, the Group net tangible assets per share, as at 31 March 2007 would be 5.7 cents.
Assuming the disbursement in full of the Loans and the complete exercise of the Conversion Right by the Investor, the issue of the New Shares and the Additional New Shares will increase the issued and paid-up ordinary share capital of the Company as at the date of this announcement by approximately 16.4% from S$18,331,904 comprising 61,598,057 ordinary shares to S$21,331,904 comprising 131,509,657 ordinary shares.
The Additional New Shares to be fully subscribed by and disbursed to the Seller or delivered by the Purchaser shall be free of any liens in conformity with Clause 5.2 and shall grant the Seller all rights inherent to such shares, including the right to receive dividends which shall be agreed after their issuance or that, having been previously agreed to, are subject to a later distribution.
The Additional New Shares shall be negotiable as of the time they are issued, in accordance with the provisions of Article L.228-10 of the French Commercial Code, subject to applicable French laws and regulations.
The Seller has had the opportunity to carry out its own independent investigation of the merits and risks of an investment in AMPER and the New Shares and Additional New Shares, and has consulted with all third parties (including legal and tax advisors), and has considered all the facts and circumstances considered necessary or appropriate to make their investment decision with respect to AMPER, the New Shares and the Additional New Shares.
In connection with the capital increase or the delivery of Additional New Shares, Purchaser agrees to adopt all necessary actions listed in this Clause, and Seller agrees to execute and disburse the Additional New Shares or accept the delivery of the Additional New Shares, by applying the Compensation Adjustment or the right to collect on it, if so decided by the Purchaser.
The nominal value of the Additional New Shares will be levied from the contribution premium in relation within the Contribution.
If the Milestone is reached on or prior to the Milestone Date, the Additional New Shares resulting from the vesting of the BAA shall carry dividend rights and shall be assimilated to existing ordinary shares of the Company and as such shall be listed on the same line of trading of those existing ordinary shares.
The Seller understands that in accordance with this Contract it is required to keep the New Shares and the Additional New Shares for a period of time (in accordance with the provisions of Clause 4 of this Contract), and the Seller may have to endure the full economic loss of its investment in AMPER.
Once the capital increase or the delivery of Additional New Shares is agreed upon, the Purchaser shall notify (as described in Clause 9) to the Seller the date and time that such capital increase or delivery of Additional New Shares will be made public, which shall be carried out within 120calendar days from the second anniversary of the date of execution of this Contract (hereinafter “Execution Date of the Second Delivery”).