Examples of Initial Announcement in a sentence
Sunview will provide or procure advancement of HK$4,150,000 as its initial shareholder’s loan to fund the Acquisition, of which 40% shall be assigned to the Existing Owner as mentioned in the Initial Announcement.
As soon as reasonably practicable after this Agreement is signed, Xxxxxxx must issue the Initial Announcement, which must include the Director Recommendation, to NZX and ASX.
The exercise period remains unchanged at 3 years after completion of the Subscription, extendable for 1 more year (totalling 4 years from the completion of the Subscription) in case the period for achievement Target Business Scale under the Consultancy Agreement is also extended for 1 year under its terms, details of which were set out in the Initial Announcement.
The Supplemental Framework Agreement provides that the Acquisition will be executed and completed prior to Subscription, and not after the Subscription as announced in the Initial Announcement.
Under the Supplemental Framework Agreement, Logistics Shanghai will be granted, on completion of the Subscription, the Option to purchase the relevant shareholding interests in the companies (the ”Option Companies”) owning, directly and indirectly, the Option Properties, instead of the Option Properties themselves as announced in the Initial Announcement.