Entitlements Offer definition

Entitlements Offer means an offer made by the Company to subscribe for, or otherwise acquire, issued or unissued securities, whether of the Company or any other body.
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Entitlements Offer or “Offer” means the non-renounceable entitlements offer pursuant to this Offer Document by the Company of 1 New Share for every 1 Share held at the Record Date at an issue price of $0.20 per New Share;
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Entitlements Offer or "Offer" means the non-renounceable entitlements offer pursuant to this Offer Document by the Company of 2 New Shares for every 3 Shares held at the Record Date at an issue price of $0.03 per New Share;
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Examples of Entitlements Offer in a sentence

  • Where the Prospectus has been dispatched to Shareholders domiciled outside Australia or New Zealand and where that country's securities code or legislation prohibits or restricts in any way the making of the Entitlements Offer contemplated by this Prospectus, then the Prospectus and accompanying Acceptance Form are provided for information purposes only.

  • The Entitlements Offer made to Eligible Shareholders with registered addresses in New Zealand is made in reliance on the Securities Act (Overseas Companies) Exemption Notice 2002 (New Zealand).

  • No action has been taken to register or qualify the Listed Options or the Entitlements Offer or otherwise to permit an offering of the Listed Options in any jurisdiction outside of Australia and New Zealand.

  • No action has been taken to register or qualify the Shares or the Entitlements Offer or otherwise to permit an offering of the Shares in any jurisdiction outside of Australia and New Zealand.

  • The Entitlements Offer will comprise approximately 87,104,000 New Shares and approximately 43,552,750 Options and will raise approximately $3,000,000 (after deducting expenses of the Entitlements Offer, estimated to be $50,000) if all entitlements are taken up.

  • It may require further funding in addition to current cash reserves to fund exploration and development activities.The Directors reserve the right to place the Shortfall at their discretion within 3 months after the close of the Entitlements Offer, subject to the Listing Rules and any other applicable law.

  • In determining Entitlements to New Shares pursuant to the Entitlements Offer fractional Entitlements will be rounded up.

  • If a Listed Entity makes an Entitlements Offer in relation to the Underlying Security, the Trustee is not obliged to take any action in respect of the rights issue but may (in its absolute discretion) take Reasonable Action as is prudent without incurring additional liability to confer the benefit of the Entitlements Offer on the Holder.

  • Shareholders should note that in not taking up their Entitlement under the Entitlements Offer, their percentage holding in the Company will be diluted.Payment arrangements for the Top-Up Offer are as specified in the Entitlement and Acceptance Form.

  • New Shares issued pursuant to the Entitlements Offer will rank equally with existing fully paid ordinary Shares on issue.


More Definitions of Entitlements Offer

Entitlements Offer means the pro-rata non-renounceable offer conducted pursuant to an offer document under which Shares were offered to eligible shareholders on the basis of 2 New Shares for every 3 Shares held at the record date at 0.7 cents per Share.
Sample 1

Related to Entitlements Offer

  • Net Proceeds Offer Payment Date has the meaning provided in Section 4.16.

  • Net Proceeds Offer has the meaning provided in Section 4.16.

  • Qualifying Offer shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Repurchase Offer shall have the meaning specified in Section 11.1(b).

  • Real-time Offer means a new offer or an update to a Market Seller’s existing cost-based or market-based offer for a clock hour, submitted for use after the close of the Day-ahead Energy Market.

  • Purchase Offer shall have the meaning assigned to such term in Section 2.25(a).

  • Change of Control Payments means any and all bonuses or other obligations or payments arising or payable as a result of or in connection with the transactions contemplated hereby (whether due at or after the Closing, with or without the passage of time or occurrence of other events, or otherwise).

  • Change of Control Payment Date has the meaning provided in Section 4.15.

  • Legal Final Payment Date means the one-year anniversary of the Expected Final Payment Date.

  • Qualifying Deposit means the aggregate balance of all Deposit Accounts in the Bank of (i) an Eligible Account Holder at the close of business on the Eligibility Record Date, provided such aggregate balance is not less than $50 and (ii) a Supplemental Eligible Account Holder at the close of business on the Supplemental Eligibility Record Date, provided such aggregate balance is not less than $50.

  • Change of Control Payment has the meaning set forth in Section 4.01(b).

  • Bona Fide Offer means an actual or genuine offer which includes a specific wage or a training opportunity at a specified place when used to determine whether the parent has refused an offer of training or employment.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Agent Payment Account means account no. 5000000030266 of Agent at Wachovia Bank, National Association, or such other account of Agent as Agent may from time to time designate to Administrative Borrower as the Agent Payment Account for purposes of this Agreement and the other Financing Agreements.

  • Net Proceeds Offer Amount has the meaning provided in Section 4.16.

  • Savings deposit means a form of demand deposit which is subject to restrictions as to the number of withdrawals as also the amounts of withdrawals permitted by the bank during any specified period.

  • Change in Control Payments means any payments made or to be made by the Company to the Company Key Employees or any other Person pursuant to that certain Data Management & Research, Inc. Change in Control Plan dated as of August 1, 2000 or otherwise as a result of the consummation of the transactions contemplated by this Agreement, including any Taxes paid or payable by the Company as a result of such payments.

  • Prepayment Consideration shall have the meaning set forth in Section 2.3.1.

  • Final Offer means the offer on which a resource was dispatched by the Office of the Interconnection for a particular clock hour for the Operating Day.

  • Noteholder Purchase Notice has the meaning assigned to such term in Section 12.

  • Change of Control Offer has the meaning provided in Section 4.15.

  • Cash Exchange Payment means an amount in cash equal to the product of (i) the number of shares of Class A Common Stock into which the surrendered Paired Interests are exchangeable and (ii) the VWAP of the Class A Common Stock for the five consecutive full Trading Days immediately prior to the date of delivery of the relevant Notice of Exchange.

  • Termination Payment Date means the date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

  • Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic payments to a financial institution or clearing house that subsequently issues cash, check, or similar paper instrument to the designated payee.

  • Letter of Offer means any letter, commitment, arrangement or agreement between us and you in relation to the facility. We may revise, add to, vary or replace the letter of offer from time to time.

  • pre-emptive offer means an offer of equity securities open for acceptance for a period fixed by the Directors to holders (other than the Company) on the register on a record date fixed by the Directors of ordinary shares in proportion to their respective holdings but subject to such exclusions or other arrangements as the Directors may deem necessary or expedient in relation to treasury shares, fractional entitlements, record dates or legal, regulatory or practical problems in, or under the laws of, any territory;