Examples of Additional Ordinary Shares in a sentence
Where Ordinary Shares are to be delivered through CREST, they will be delivered by or on behalf of the Issuer to the account specified by the relevant Bondholder in the relevant Conversion Notice by not later than seven London business days following the relevant Conversion Date (or, in the case of any Additional Ordinary Shares, not later than seven London business days following the Reference Date).
I/We also apply for additional Ordinary Shares: Number of Additional Ordinary Shares applied for: Additional amount payable at 50 kobo per share N iii.
A Bondholder exercising Conversion Rights must pay directly to the relevant authorities any capital, stamp, issue and registration and transfer taxes and duties arising on conversion (other than any capital, stamp, issue, registration and transfer taxes and duties payable in the United Kingdom in respect of the issue or transfer and delivery of any Ordinary Shares in respect of such exercise (including any Additional Ordinary Shares), which shall be paid by the Issuer).
Each Investor (with its Affiliates) that owns not less than 1,000,000 Series Preferred Shares (as adjusted for share splits and combinations) (a “Major Investor”) shall have a right of first refusal to subscribe for its pro rata share of all Equity Securities, as defined below, that the Company may, from time to time, propose to sell and issue after the date of adoption hereof, other than those shares excluded from the definition of Additional Ordinary Shares.
OS = the number of outstanding Ordinary Shares immediately before the Additional Ordinary Shares are issued or sold.