First Tranche Placing Shares definition

First Tranche Placing Shares means 19,986,031 Placing Shares;
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First Tranche Placing Shares means the EIS/VCT 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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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;

  • 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).

  • 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.

  • Initial Financing Spread means 0.50% per annum.

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