Greenshoe Option definition

Greenshoe Option means an option granted by the offeror in favour of the investment firm(s) or credit institution(s) involved in the offer for the purpose of covering overallotments, under the terms of which such firm(s) or institution(s) is allowed to purchase up to a certain amount in securities at the offer price for a certain period of time after the offer of the securities.
Greenshoe Option means the option granted by the Issuer to BNP PARIBAS and CaixaBank, S.A, in July 2021, in the context of the IPO, to subscribe new shares issued by the Issuer at the price of €4.25, for the purpose of covering short positions resulting from overallotments or from sales of the Issuer’s shares in that context;
Greenshoe Option has the meaning assigned to such term in Section 9.08(g).

Examples of Greenshoe Option in a sentence

  • The Greenshoe Option was not exercised by Banco UBS Pactual S.A. (Manager) within 34 days as of the date of Announcement of Commencement, inclusive.

  • To the extent the Greenshoe Option is exercised by the Stabilization Manager on behalf of Joint Bookrunners, the decision on the admission of the up to 825,000 Over-Allotment Shares from a capital increase from authorized capital is expected to be announced by mid November 2017.

  • KURTZ, BOARD LIABILITY: A GUIDE FOR NONPROFIT DIRECTORS, 84-85 (Moyer Bell 1989).

  • The Greenshoe Option must not be exercised where Relevant Securities have not been overallotted by the beneficiary or beneficiaries of the Greenshoe.

  • All shares of the Company, including the Offer Shares, are subject to and governed by German corporate law.The Company will receive the proceeds from the sale of the New Shares and, to the extent the Greenshoe Option is exercised, the Greenshoe Shares (but must pay certain commissions and expenses relating to the Offering).


More Definitions of Greenshoe Option

Greenshoe Option has the meaning set forth in section 5.6;
Greenshoe Option means any “greenshoe”, “over-allotment” or similar option by the underwriters with respect to any IPO.
Greenshoe Option means the option granted by the Issuer to the Joint Global Coordinators (acting on behalf of the Managers), exercisable in whole or in part, no later than 30 calendar days after the Admission having occurred, to subscribe the Option Shares at the Offering Price for the purpose of covering short positions resulting from overallotments or from sales of Shares.
Greenshoe Option see Section 13.04(iii).
Greenshoe Option. The underwriters may purchase up to an additional 5,000,000 trust preferred securities (10% of the total trust preferred securities offered) at the public offering price solely to cover over-allotments within 30 days. If the underwriters exercise this option in whole or in part, ABN AMRO Holding N.V. will pay underwriting commissions of $.7875 per additional trust preferred security so purchased. Listing: New York Stock Exchange and the Official Segment of the stock market of Euronext Amsterdam N.V. DRD Eligible: No CUSIP: 00372P203 ISIN: US00372P2039 Listing: NYSE Exhibit A
Greenshoe Option has the meaning ascribed thereto in section 2.11.1 hereof;
Greenshoe Option shall have the meaning set forth in the Subscription Agreement.