First Tranche Placing Shares definition

First Tranche Placing Shares means 19,986,031 Placing Shares;
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First Tranche Placing Shares means 19,986,031 Placing Shares; "Foreign Jurisdiction" has the meaning given to it in Clause 26.3; "Foreign Proceedings" has the meaning given to it in Clause 26.3;
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First Tranche Placing Shares means the EIS/VCT Placing Shares;
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Examples of First Tranche Placing Shares in a sentence

  • The First Tranche Placing Shares have been allotted and it is expected that they will be admitted to trading on 11 June 2021.

  • Investors should also be aware that due to a recent repurchase of its own shares by the Company, EIS deferral relief may not be available in respect of the First Tranche Placing Shares.

  • If the Company terminates Leshyn's employment without cause, the Company will pay Leshyn in a single payment one and one-half times her then current Base Salary, plus all earned vacation, bonus in agreement with section 4(b) and earned personal time not used.

  • The issue of the First Tranche Placing Shares will not be conditional on Admission.

  • The First Tranche Placing is conditional, inter alia, upon First Admission (which is expected to become effective with dealings in the First Tranche Placing Shares to commence on 11 June 2021).

  • Consequently, even if the First Tranche Placing Shares have been issued there is no guarantee that the placing of the Second Tranche Placing Shares will become unconditional.

  • The issue of the First Tranche Placing Shares and the Second Tranche Placing Shares will take place separately.

  • For placees who elect to receive the Placing Shares in certificated form, definitive certificates in respect of the First Tranche Placing Shares and Second Tranche Placing Shares are expected to be sent to Shareholders by 24 June 2021 and 9 July 2021 respectively.

  • It is expected that dealings in the First Tranche Placing Shares will commence on AIM on or around 5 July 2010, dealings in the Second Tranche Placing Shares will commence on AIM on or around 6 July 2010 and that dealings in the Third Tranche Placing Shares will commence on AIM on or around 7 July 2010.

  • If all of the Placing Shares are not issued and Admission does not take place the Company may not be able to implement the strategy and growth plans as outlined in this document.EIS and VCT investors should be aware that the Directors cannot guarantee that the First Tranche Placing Shares will be able to be treated as qualifying for relief under the EIS Scheme under Part 5 of the Income Tax Act 2007 or as qualifying holdings under the VCT scheme within the meaning of Part 6 of the Income Tax Act 2007.

Related to First Tranche Placing Shares

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

  • First Tranche means the amount of the Loan allocated to the category entitled “First Tranche” in the table set forth in Part B of Schedule 1 to this Agreement.

  • VWAP Purchase Share Percentage means, with respect to any particular VWAP Purchase Notice pursuant to Section 1(c) hereof, the percentage set forth in the VWAP Purchase Notice which the Buyer will be required to buy as a specified percentage of the aggregate shares traded on the Principal Market during normal trading hours up to the VWAP Purchase Share Volume Maximum on the VWAP Purchase Date subject to Section 1(c) hereof but in no event shall this percentage exceed thirty percent (30%) of such VWAP Purchase Date’s share trading volume of the Common Stock on the Principal Market during normal trading hours.

  • Commitment Shares shall have the meaning set forth in Section 12.04.

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

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

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Accelerated Purchase Share Percentage means, with respect to an Accelerated Purchase made pursuant to Section 2(b) hereof, thirty percent (30%).

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

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

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Second Tranche means the amount of the Financing allocated to the category entitled “Second Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Class A Common Shares means class A common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class A common shares may be converted.

  • Class B Common Shares means the Class B Convertible Voting Common Shares of the Company, par value $1.00 per share.

  • Company Outstanding Shares means the total number of shares of Company Common Stock outstanding immediately prior to the Effective Time, expressed on a fully-diluted and as-converted to Company Common Stock basis.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

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

  • Note Shares means the shares of Common Stock issuable upon conversion of the Notes.

  • Class A Shares means Class A ordinary shares, par value US$0.0001 per share, in the share capital of the Company.

  • Existing Warrants means any warrants to purchase Common Stock outstanding on the date of this 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.

  • Initial Financing Spread means 0.50% per annum.

  • Interest Conversion Shares shall have the meaning set forth in Section 2(a).

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

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