Initial Subscription Shares definition

Initial Subscription Shares means 500 Ordinary Shares (comprising 50 per cent. of the Ordinary Shares) and 48,629,464 Redeemable Preference Shares (comprising 42.70 per cent. of the Redeemable Preference Shares);
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Initial Subscription Shares has the meaning set forth in Section 2.1 hereof.
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Initial Subscription Shares means the aggregate of First Tranche Subscription Shares and Second Tranche Subscription Shares;
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Examples of Initial Subscription Shares in a sentence

  • Subject to the terms and conditions of the Subscription Agreement, the Subscriber (or through its nominee(s)) shall subscribe for, and the Company shall allot and issue the Initial Subscription Shares to the Subscriber (or its nominee(s)) at the subscription price of HK$0.45 per subscription share (the “Subscription Price”).

  • The premium on each Redeemable Preference Share forming part of the Initial Subscription Shares issued in accordance with this Clause 2.1 shall be €8.68 (being the EPRA net asset value per Target Share shown in the Target’s audited financial statements as at 31 December 2020).

  • If only General Nice Initial Subscription Completion occurs and General Nice Further Subscription Completion does not occur, Petropavlovsk’s shareholding will be diluted to 51.16% (assuming that there is no change in the issued share capital of the Company other than the issue of the General Nice Initial Subscription Shares between the date of the Investors’ Subscription Agreements up to General Nice Initial Subscription Completion).

  • No later than two (2) Business Days prior to the Relevant Closing Date, the Investor shall provide to the Company the name and corporate information of the Chilean custodian to whose account the Company will make the correspondent credit of the Initial Subscription Shares or the Subsequent Subscription Shares in the name of such custodian, as the case may be, at the Relevant Closing.

  • The Initial Subscription Shares of 93.75M new fully paid ordinary shares for $7.5M were allotted on 22 December 2014.

  • The Company expects to raise approximately £2 million through the issue of the Subscription Shares at the Subscription Price, of which £1 million has already been received for the Initial Subscription Shares.

  • He can see the ‘invisible hand’, simply because this hand belongs not to the mar- ket, but to him and his fellow billionaires.

  • References are made to the announcements (the “ Announcements”) of Value Convergence Holdings Limited (the “Company”) dated 1 July 2019, 22 July 2019, 16August 2019, 10 September 2019 and 26 September 2019 respectively in respect of the Subscription Agreement in relation to (i) subscription for Initial Subscription Shares; and (ii) connected transaction – grant of Option to subscribe for Further Subscription Shares and Convertible Bonds.

  • This authority is being sought to replace the existing authority granted at the annual general meeting of the Company held on 22 April 2008, which will be used to issue the Initial Subscription Shares to TPG.• Resolution 5 is an ordinary resolution to authorise the issue of Shares to Shareholders instead of paying a cash interim dividend for the year ending 31 December 2008.

  • Pursuant to the Subscription Letters, each Subscriber has agreed to subscribe for the number of Initial Subscription Shares set out in the relevant Subscription Letter at the Initial Placing Price.


More Definitions of Initial Subscription Shares

Initial Subscription Shares means the Class A Subscription Shares, Class B Subscription Shares, Class C Initial Subscription Shares and Class D Subscription Shares;
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Initial Subscription Shares means the number of Ordinary Shares equal the Purchaser’s Initial Subscription Amount divided by the Initial Per Share Purchase Price.
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Related to Initial Subscription Shares

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

  • Initial Subscription Term the initial term of Your Subscription as agreed in the Order which commences on the date of acceptance of the Order or as otherwise agreed to by the parties.

  • Minimum Initial Subscription means such greater or lesser amount as may be

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

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

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

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Offering Shares means the shares of Common Stock included in the units sold in the Offering; (iv) “Placement Shares” shall mean the shares of Common Stock sold as part of the Placement Units; (v) “Placement Warrants” shall mean the Warrants to purchase up to an aggregate of 172,500 shares of Common Stock that are included in the Placement Units; (vi) “Placement Units” shall mean the aggregate of 690,000 Units of the Company (each Placement Unit consists of one-fourth of one Placement Warrant and one Placement Share) sold in the Private Placement for a purchase price of $6,900,000; (vii) “Trust Account” shall mean the trust account into which net proceeds of the Offering and the Private Placement will be deposited; (viii) “Prospectus” shall mean the prospectus included in the registration statement filed by the Company in connection with the Offering, as supplemented or amended from time to time; (ix) “Private Placement” shall mean that certain private placement transaction occurring simultaneously with the closing of the Offering pursuant to which the Company has agreed to sell an aggregate of 690,000 Placement Units to FinTech Investor Holdings VI, LLC (580,000 Placement Units) and Cantor (110,000 Placement Units); (x) “Sponsor” shall mean, collectively, FinTech Investor Holdings VI, LLC, a Delaware limited liability company, and FinTech Masala Advisors VI, LLC, a Delaware limited liability company; (xi) “Insiders” shall mean the Sponsor, any holders of Founder Shares, any person who receives Placement Units, Founder Shares or their respective underlying securities as a Permitted Transferee and each officer and director of the Company; and (xii) references to completion of the Offering shall exclude any exercise of the Underwriters’ over-allotment option.

  • Annual Subscription means the subscription paid by a member in accordance with the Registered Clubs Act and being paid either annually or otherwise.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • 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.

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

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • 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.

  • Exchange Shares has the meaning set forth in Section 2.01(b).

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

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

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

  • Unsubscribed Shares means the Rights Offering Shares that have not been duly purchased by the Rights Offering Participants in accordance with the Rights Offering Procedures and the Plan.

  • Put Shares means all shares of Common Stock issued, or that the Company shall be entitled to issue, per any applicable Put Notice in accordance with the terms and conditions of this Agreement.

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

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

  • 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;

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Subscription Price has the meaning set forth in Section 2.1.

Most Referenced Clauses

Most Referenced Definitions