Examples of Company VWAP in a sentence
The number of Performance Rights that may be issued to Messrs Saker and van Hulst in respect of FY22 is set out in Table A at Section 11.1. At the date of the Notice, the number of Performance Rights that may be issued for FY23 and FY24 cannot be calculated at the date of this Notice because the Company VWAP in respect of those years will not be known until the conclusion of the of the relevant Financial Years or Half Financial Years (as applicable).
Company VWAP Period means any period of 20 consecutive Trading Days after the Relevant Date.
By way of comparative analysis, the Company materially outperformed the major indices on an annualised basis over this period, as detailed below: Source: S&P Global Market Intelligence A total of 5,431,814 Performance Rights were granted to participants in respect of the 2020 Financial Year, determined by reference to their Total Fixed Remuneration and the Company VWAP at 1 July or 31 December 2019 as appropriate.
For these reasons, interest in home monitoring is growing both for glaucoma14,21,22, as well as for the management of other chronic ophthalmic conditions24–27 and in healthcare generally28.
Any unvested EPRs will expire if the holder ceases to be an employee of the Company.The number of EPRs to be issued is specified in the table below, calculated as the Calculation Amount divided by the volume weighted average price of the ordinary shares of the Company (VWAP), over the five trading days immediately preceding the acceptance of offers of employment (Acceptance Date).
As at the date of this Notice, it will not be possible to determine the maximum number of Performance Rights to be issued to Mr van Hulst in respect of FY22 because it is not possible to determine at this time the applicable Company VWAP in respect of those periods.
Pursuant to the current terms of the LTIP, the maximum number of Performance Rights Mr van Hulst may be invited to apply for and which may be issued is determined by dividing his Total Fixed Remuneration by the Company VWAP to an applicable date of (i) 30 June of the preceding Financial Year or (ii) 31 December of the preceding Half Financial Year, as determined in accordance with the LTIP rules.
The number of Performance Rights that may be issued to Mr van Hulst in respect of FY20 and FY21 is set out in Table A at Section 10.1. At the date of the Notice, the number of Performance Rights that may be issued for FY22 cannot be calculated at the date of this Notice because the Company VWAP in respect of those years will not be known until the conclusion of the of the relevant Financial Years or Half Financial Years (as applicable).
Collectively, the Company and its subsidiaries Vizione Shares or Shares - Ordinary shares in the Company VWAP - Volume-weighted average market price DEFINITIONS (CONT’D) Warrants C - The outstanding Vizione warrants 2017 / 2022 issued by the Companypursuant to the Deed Poll C and expiring on 5 February 2022.
The “Per Share Cash Amount” shall mean the Company VWAP for the trading day immediately preceding the Effective Time.