Firm Placing Shares definition

Firm Placing Shares means the number of new Ordinary Shares to be allotted andissued by the Company to Placees pursuant to the Firm Placing in accordance with the terms of the Placing Agreement;
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Firm Placing Shares means the 50,000,000 New Ordinary Shares to be placed firm under the Placing, conditional, inter alia, upon AQSE Admission;
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Firm Placing Shares means up to 14,943,300 Ordinary Shares to be issued by the Company for cash at the Issue Price which are to be placed pursuant to the Firm Placing;
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Examples of Firm Placing Shares in a sentence

  • On this basis, the Firm Placing Shares will represent approximately14.9 per cent.

  • The Firm Placing Shares are not subject to clawback and are not part of the Placing and Open Offer.

  • It is expected that Equity Issue Admission will become effective and dealings in the Firm Placing Shares and the Rights Issue Shares (nil paid) will commence on the London Stock Exchange at 8.00 a.m. on 26 October 2016, the second trading day after the approval of the Merger by Shareholders at the General Meeting.

  • On this basis, the Firm Placing Shares will represent approximately 14.9 per cent.

  • The First Tranche Firm Placing is unconditional and the First Tranche Firm Placing Shares shall be issued and allotted by no later than 4.00 p.m. on the day prior to First Admission.

  • Even if a Qualifying Shareholder subscribes for the basic entitlement under the Open Offer, their proportionate economic interest would be diluted by the issue of the Firm Placing Shares pursuant to the Firm Placing.

  • The Firm Placing Shares will rank pari passu in all respects with each other and all existing Ordinary Shares, including entitlement to participate in the Rights Issue, as well as for voting purposes and the right to receive dividends or other distributions declared, made or paid after Equity Issue Admission.

  • The Placing The Company is proposing to raise £2.77 million (before fees and expenses) by way of a firm, non-pre- emptive placing and a conditional, non-pre-emptive placing of 1,387,218,000 Conditional Placing Shares and Firm Placing Shares at the Issue Price.

  • The remaining 156,733,768 Placing Shares (the "Firm Placing Shares") have been placed firm and are not subject to clawback.

  • Qualifying Shareholders are not being offered the right to subscribe for the Firm Placing Shares.


More Definitions of Firm Placing Shares

Firm Placing Shares means the [●] New Ordinary Shares which are to be issuedpursuant to the Firm Placing;“FSMA”means the Financial Services and Markets Act 2000 of England and Wales, as amended from time to time;“General Meeting”means the general meeting of De La Rue to be held on 6 July 2020, or any adjournment thereof, to consider and, if thought fit, to approve the Resolutions;“Investec”means Investec Bank plc;“Joint Bookrunners”means Barclays, Investec and Numis;“London Stock Exchange”means London Stock Exchange Group plc;“New Ordinary Shares”means the new Ordinary Shares to be issued by the Company pursuant to the Capital Raising;“Numis”means Numis Securities Limited;“Offer Price”means 110 pence per New Ordinary Share;“Official List”means the official list maintained by the FCA pursuant to FSMA;“Open Offer”means the conditional invitation to Qualifying Shareholders to apply to subscribe for the Open Offer Shares and Excess Open Offer Shares at the Offer Price on the terms and subject to the conditions set out in the Prospectus, and in the case of Qualifying Non-CREST Shareholders only, the Application Form;“Open Offer Entitlements”means entitlements to subscribe for Open Offer Shares, allocated to a Qualifying Shareholder pursuant to the Open Offer;“Ordinary Shares”means the ordinary shares of 44 152/175 p each in the capital of the Company (including, if the context requires, the New Ordinary Shares);“Overseas Shareholders”means De La Rue Shareholders who are resident in, ordinarily resident in, or citizens of, jurisdictions outside the United Kingdom;“Placing”means the conditional placing, of the Open Offer Shares, subject to clawback pursuant to the Open Offer, on the
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Firm Placing Shares means the 133,348,799 New Ordinary Shares which are to be issued pursuant to the Firm Placing;
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Related to Firm Placing Shares

  • Placing Shares means the 32,313,130 Shares to be issued by the Company pursuant to the Placing;

  • Offering Shares means the shares of Common Stock included in the Units issued pursuant to this Agreement and Investor Warrant Shares.

  • Forward Purchase Shares shall have the meaning given in the Recitals hereto.

  • Private Placement Shares shall have the meaning given in the Recitals hereto.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Firm Shares has the meaning given to it in the first paragraph of this Agreement;

  • Equity Shares shall have the meaning attributed to such term in the recitals of this Agreement;

  • Private Placement Warrants shall have the meaning given in the Recitals hereto.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • Private Placement Units shall have the meaning given in the Recitals hereto.

  • Firm Securities means the number or amount of Securities that the several Underwriters are initially committed to purchase under the Underwriting Agreement (which may be expressed as a percentage of an aggregate number or amount of Securities to be purchased by the Underwriters, as in the case of a standby Underwriting Agreement). “Additional Securities” means the Securities, if any, that the several Underwriters have an option to purchase under the Underwriting Agreement to cover over-allotments. The number, amount, or percentage of Firm Securities set forth opposite each Underwriter’s name in the Underwriting Agreement plus any additional Firm Securities which such Underwriter has made a commitment to purchase, irrespective of whether such Underwriter actually purchases or sells such number, amount, or percentage of Securities under the Underwriting Agreement or Article XI hereof, is hereinafter referred to as the “Original Underwriting Obligation” of such Underwriter, and the ratio which such Original Underwriting Obligation bears to the total of all Firm Securities set forth in the Underwriting Agreement (or, in the case of a standby Underwriting Agreement, to 100%) is hereinafter referred to as the “Underwriting Percentage” of such Underwriter. For the avoidance of doubt, each Underwriter acknowledges and agrees that, for all purposes under this Agreement and otherwise (including, to the extent applicable, for purposes of Section 11(e) under the U.S. Securities Act of 1933 (the “1933 Act”)), each Underwriter’s Underwriting Percentage of the total number, amount, or percentage of Securities offered and sold in the Offering (including any Additional Securities), and only such number, amount, or percentage, constitutes the securities underwritten by such Underwriter and distributed to investors.1 References herein to laws, statutory and regulatory sections, rules, regulations, forms, and interpretive materials will be deemed to include any successor provisions.

  • Purchase Shares has the meaning set forth in Section 2.2(a) hereof.

  • Sale Shares means [Insert total number of shares of the Company] Shares, representing 100 percent of the total issued, subscribed and fully paid-up equity share capital of the Company held by the Shares Seller and Nominees as more particularly described in Annexure A attached hereto;

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Placement Agent Warrants shall have the meaning set forth in the Subscription Agreement.

  • Rights Offering Shares means the shares of New Common Stock (including all Unsubscribed Shares purchased by the Commitment Parties pursuant to this Agreement) distributed pursuant to and in accordance with the Rights Offering Procedures.

  • Redemption Shares has the meaning set forth in Section 6.2(a). “Reviewed Year” has the meaning ascribed to said phrase under Section 6225(d)(1) of the Code.

  • Private Placement Warrants Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • sweat equity shares means equity shares issued by a company to its employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions, by whatever name called;

  • Remaining Shares has the meaning set forth in Section 4.1.2.

  • Placement Warrants shall have the meaning given in the Recitals hereto.