Convertible Bond Holders definition
Examples of Convertible Bond Holders in a sentence
Convertible Bond Holders and/or potential investors of the Company should therefore exercise caution when dealing in the Convertible Bonds or exercising other rights in respect of them.
An independent financial adviser will be appointed to advise the Shareholders and the Convertible Bond Holders in respect of the Offers (if they are made).
The Independent Board Committee has been established for the purpose of advising the Shareholders and the Convertible Bond Holders in respect of the Offers (if they are made).
The low trading liquidity of the Shares could make it difficult for Shareholders or Convertible Bond Holders (following conversion of their Convertible Bonds) to execute substantial on-market disposals without adversely affecting the price of the Shares and also make it difficult for Shareholders to dispose of a large number of Shares when any event that has an adverse impact on the price of the Shares occurs.
The Offers allow an exit for the Shareholders and Convertible Bond Holders at a compelling premium to the current market price of the Shares.
As such, the Offers present an immediate opportunity for Shareholders and Convertible Bond Holders to monetise their investments for cash and redeploy the proceeds from accepting the Offers into other investment opportunities.
Each Convertible Bond Certificate will be numbered serially with an identifying number which will be recorded on the relevant Convertible Bond Certificate and in the register of Convertible Bond Holders (the “Convertible Bond Register”) kept by the Issuer.
The Issuer promises to pay the person who appears at the relevant time on the register of Convertible Bond Holders as Convertible Bond Holder of the Convertible Bond in respect of which this Certificate is issued such amount or amounts as shall become due in respect of the Convertible Bond and otherwise to comply with the terms and conditions of the Convertible Bond Instrument (the “Convertible Bond Conditions”).
Any such modification shall not be prejudicial to the interests of the Convertible Bond Holders.