Examples of Existing Ordinary Shareholders in a sentence
The low diversity with open water in relatively close proximity to the site was surprising but wet weather during the studies may have influenced the number of species recorded.
Additional New Ordinary Shares from the Excess Shares Pool as are available to be allotted to these Applicants shall be allocated, in the case of oversubscription by Existing Ordinary Stockholders, in proportion to the total Applications received from Existing Ordinary Shareholders for additional New Ordinary Shares in the Excess Shares Pool.
Existing Ordinary Shareholders are also being offered the opportunity to subscribe for New Ordinary Shares in excess of their Open Offer Entitlements under the Offer for Subscription, as described below.The terms and conditions of application under the Open Offer are set out in Section A of Part XI (Terms and Conditions of the Offerings) of this Prospectus.
Minimum subscription per investor pursuant to each Placing within the Placing Programme is £10,000.2 Quorum for the EGM is two Existing Ordinary Shareholders present in person or by proxy.3 Estimated by multiplying the Net Asset Value per Existing Ordinary Share as at 31 January 2020 (unaudited) by the maximum number of New Ordinary Shares to be issued under the Placing Programme.
Costain has received irrevocable undertakings from certain Directors who are Existing Ordinary Shareholders in respect of approximately 0.45% of Costain’s existing issued share capital to vote in favour of the Resolution to be proposed at the General Meeting.Your attention is drawn to section 9 of this letter for more information on the importance of your vote.
Pursuant to a warrant instrument entered into by the Company dated 29 January 2014, the Company has granted Existing Ordinary Shareholders the right, conditional on Completion, to subscribe for up to 63,142,322 new Ordinary Shares (on the basis of one new Ordinary Share for every two Ordinary Shares already held) at a price of US$0.06 to be exercised at any time before the date falling on the first anniversary after Admission.
Existing Ordinary Shareholders can subscribe in excess of their entitlements pursuant to the open offer by means of an excess application facility and can also participate by subscribing for C Shares in the offer for subscription.The Net Issue Proceeds will not be known until after the Issue.
Existing Ordinary Shareholders may also experience dilution of their economic interests in the Company depending upon whether the issue of Ordinary Shares at £1.00 per share was dilutive or accretive to net asset value per Ordinary Share.Dilution as a result of the exercise of Incentive SharesThere will be no dilutive impact to Ordinary Shareholders if the preferred return of at least 7.5 per cent.
If approved by the Existing Ordinary Shareholders at the EGM, the Required Resolution will allow the Company to disapply the pre-emption rights contained in the Articles in respect of 150 million New Ordinary Shares (in addition to any authority to allot Shares on a non-pre-emptive basis last approved at an annual general meeting of the Company), such disapplication to have effect for the duration of the Placing Programme.
National legislation shall enumerate the cases in which goods to be consumed inside the free zone may be admitted free of duties and taxes and shall lay down the requirements which must be met.