Conversion Shares Offer Price definition

Conversion Shares Offer Price means the price per Conversion Share specified as such in the Conversion Shares Offer Election Notice. The Conversion Shares Offer Price shall be, if the Ordinary Shares are:
Sample 1Sample 2Sample 3
Conversion Shares Offer Price means £1.65 per Conversion Share (subject to certain anti-dilution adjustments pursuant to Section 3.01 hereof).
Sample 1Sample 2Sample 3
Conversion Shares Offer Price means £2.70 per Conversion Share (subject to certain anti-dilution adjustments pursuant to Section 3.01 hereof). On the Issue Date, the Conversion Shares Offer Price and the Conversion Price shall be equal (based on an exchange rate of £1.00 = $1.61325).
Sample 1Sample 2

Examples of Conversion Shares Offer Price in a sentence

  • Following the occurrence of an Automatic Conversion, the Company, in its sole and absolute discretion, may elect in the Conversion Shares Office Notice that the Conversion Shares Depository make an offer of all or some of the Conversion Shares to all or some of the Shareholders at a cash price per Conversion Share equal to the Conversion Shares Offer Price (the “Conversion Shares Offer”), subject to, and in accordance with, the terms of the Indenture.

  • In addition, the Company shall retain the right to elect in the Conversion Shares Offer Notice that the Conversion Shares Depository make a Conversion Shares Offer at the New Conversion Shares Offer Price.

  • The Company hereby undertakes that it shall not take any action, and shall procure that no action is taken, that would otherwise result in an adjustment to the Conversion Price or the Conversion Shares Offer Price to below such nominal value.

  • The Conversion Shares Offer Price shall not in any event be reduced to below the nominal value of the Ordinary Shares.

  • The Conversion Shares Offer Price shall not in any event be reduced to below the nominal value of the ordinary shares.

  • The Company may, in its sole and absolute discretion and following the occurrence of an Automatic Conversion, elect that the Conversion Shares Depository make an offer of all or some of the Conversion Shares to all or some of the Company’s ordinary shareholders at a cash price per Conversion Share equal to the Conversion Shares Offer Price, subject as provided in this Security (the “Conversion Shares Offer”).

  • Following an Automatic Conversion, the Issuer may, in its sole and absolute discretion, elect that the Conversion Shares Depository make an offer of all or some of the Conversion Shares to all or some of the Issuer’s ordinary shareholders at such time at a cash price per Conversion Share equal to the Conversion Shares Offer Price, as further described in the Preliminary Prospectus Supplement.

  • No later than 10 business days following the Conversion Date, the Issuer may, in its sole and absolute discretion, elect that the Conversion Shares Depository make an offer of all or some of the Conversion Shares to all or some of the Issuer's ordinary shareholders at such time at a cash price per Conversion Share equal to the Conversion Shares Offer Price, subject as provided below (the "Conversion Shares Offer").

  • The Conversion Price and the Conversion Shares Offer Price shall be subject to adjustment as provided in Article III of the Supplemental Indenture.

  • The Conversion Price and the Conversion Shares Offer Price shall be subject to adjustment as provided in Article III of the First Supplemental Indenture.


More Definitions of Conversion Shares Offer Price

Conversion Shares Offer Price means, in relation to any Series of Securities, the Conversion Price or, if a Qualifying Relevant Event has occurred, the New Conversion Price (as adjusted in accordance with Condition 10(i) (Adjustments to Conversion Price) up to and including the Conversion Date), converted into the Conversion Shares Offer Price Currency at the Specified FX Rate;
Sample 1Sample 2Sample 3
Conversion Shares Offer Price means £1.65 per Conversion Share (subject to certain anti-dilution adjustments, as described under “—Anti-Dilution” below).
Sample 1Sample 2Sample 3
Conversion Shares Offer Price means £1.65 per Conversion Share, subject to adjustment in accordance with Condition 9 (Adjustments to the Conversion Price and Conversion Shares Offer Price).
Sample 1Sample 2Sample 3
Conversion Shares Offer Price means £[1.65] per Conversion Share (subject to certain anti-dilution adjustments pursuant to Section 3.01 hereof).
Sample 1Sample 2Sample 3
Conversion Shares Offer Price means £1.65 per Conversion Share (subject to certain anti-dilution adjustments, as described under “Description of Fixed Rate Resetting Perpetual Subordinated Contingent Convertible Securities—Anti-Dilution” below).
Sample 1Sample 2
Conversion Shares Offer Price means the price per Conversion Share specified as such in the Conversion Shares Offer Notice. The Conversion Shares Offer Price to be so specified shall be:
Sample 1

Related to Conversion Shares Offer Price

  • Conversion Shares means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance with the terms hereof.

  • Offer Price has the meaning set forth in the Recitals.

  • Common Shares means the common shares in the capital of the Corporation;

  • Offering Shares means the shares of Common Stock included in the units sold in the Offering; (iv) “Placement Shares” shall mean the shares of Common Stock sold as part of the Placement Units; (v) “Placement Warrants” shall mean the Warrants to purchase up to an aggregate of 445,750 shares of the Common Stock that are included in the Placement Units; (vi) “Placement Units” shall mean the aggregate of up to 891,500 Units of the Company (each Placement Unit consists of one-half of one Placement Warrant and one Placement Share) sold in the Private Placement to the Sponsor, Cantor and CCM for an aggregate purchase price of up to $8,915,000; (vii) “Trust Account” shall mean the trust account into which net proceeds of the Offering and the Private Placement will be deposited; (viii) “Prospectus” shall mean the prospectus included in the registration statement filed by the Company in connection with the Offering, as supplemented or amended from time to time; (ix) “Private Placement” shall mean that certain private placement transaction occurring simultaneously with the closing of the Offering pursuant to which the Company has agreed to sell an aggregate of up to 891,500 Placement Units to Phoenix Biotech Sponsor, LLC, a Delaware limited liability company, Cantor and CCM; (x) “Sponsor” shall mean, Phoenix Biotech Sponsor, LLC, a Delaware limited liability company; (xi) “Insiders” shall mean the Sponsor and its members, any holders of Founder Shares, any person who receives Placement Units, Founder Shares or their respective underlying securities as a Permitted Transferee and each officer and director of the Company; and (y) references to completion of the Offering shall exclude any exercise of the Underwriters’ over-allotment option.