KLN Shares definition

KLN Shares means the ordinary shares of par value of HK$0.50 each in the share capital of KLN;
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Examples of KLN Shares in a sentence

  • As set out in the Joint Announcement, X.X. Xxxxxx Securities (Asia Pacific) Limited, on behalf of the Offeror and subject to the satisfaction or waiver (where applicable) of the Pre- Conditions, will make a voluntary conditional partial cash offer to the shareholders of KLN to acquire 931,209,117 KLN Shares at the offer price of HK$18.80 per KLN Share, and to the holders of the Share Options to cancel 51.8% of the outstanding Share Options as at the Final Closing Date.

  • For the avoidance of doubt, nothing in the Participation Agreement requires every KLN Controlling Shareholder to enter into the Controlling Shareholders Irrevocable Undertakings provided that the aggregate number of KLN Shares which are the subject of the Controlling Shareholders Irrevocable Undertakings is 575,545,164 KLN Shares.

  • The number of KLN Shares tendered by the Company into the Partial Offer which is validly accepted by the Offeror, in turn, is dependent on the number of KLN Shares tendered into the Partial Offer by other shareholders of KLN.

  • Taking into account such uncertainty, the Company announced on 18 March 2021 that it expects to receive net proceeds of not less than HK$11,000 million, comprising the Offer Price for an estimate of the KLN Shares tendered by the Company pursuant to the KPL Irrevocable Undertaking which are expected to be validly accepted into the Partial Offer and KLN Special Dividend to be declared by KLN.

  • The KLN Shares have broadly outperformed the HSI since August, 2020, reaching a peak on 20 November 2020 at HK$18.18.

  • As set out in the Joint Announcement, the Offeror stated that the Offer Price was determined on a commercial basis after taking into account, among other things, the value of KLN after the completion of the Warehouses Sale and the Taiwan Business Sale, the payment of the KLN Special Dividend, as well as the historical prices of the KLN Shares traded on the Stock Exchange.

  • Prices of the KLN Shares increased 25% on the Last Trading Day from the closing price of the previous trading day.

  • If the KLN Shares to be sold under the Placing Agreement(s) are already held in CCASS, completion shall take place in CCASS on a delivery-vs-payment basis.

  • In such circumstance, 278,736,232 KLN Shares tendered by the Company pursuant to the KPL Irrevocable Undertaking will be accepted and sold under the Partial Offer, and 79,013,818 KLN Shares will be sold by the Company pursuant to the Placing Agreement(s).(3) This assumes the sale price of the KLN Shares pursuant to the Placing Agreement(s) equals the Offer Price of HK$18.80 per KLN Share.

  • The Company entered into the Participation Agreement with Kerry Holdings to regulate any sales by the Relevant KLN Controlling Shareholders of KLN Shares into the Partial Offer or pursuant to the Placing Agreement(s).

Related to KLN Shares

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

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

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

  • Sold Shares shall have the meaning specified in Section 6.

  • Common Shares means the common shares in the capital of the Corporation;

  • ASA Shares has the meaning set forth in 2.4(a).

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • 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.

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

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

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

  • Newco Shares means the common shares in the capital of Newco;

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

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Amalco Shares means the common shares in the capital of Amalco;

  • Acquisition Shares means each class of shares of beneficial interest of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Acquired Shares has the meaning set forth in the Recitals.

  • Relevant Shares means ordinary share capital of the Approved Entity that constitutes equity share capital or the equivalent (or depositary or other receipts representing the same) which is listed and admitted to trading on a Regulated Market.

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

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Subco Shares means the common shares in the capital of Subco;

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

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • 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.