Examples of New Investor Shares in a sentence
Subject to all Offer Shares, New Investor Shares and Unissued Shortfall Shares being issued.
As the New Investor Shares are to be issued to Placees who were not entitled to participate in the Entitlement Offer, they are unable to rely on the Secondary Trading Relief.
An irrevocable request to exchange Investor Shares shall be construed as being a request for the repurchase of the stated number of Original Investor Shares (save that the repurchase monies shall not be released to the investor) and a simultaneous request for the proceeds from such repurchase to be applied in the purchase of New Investor Shares as may be indicated.
Subject to all Offer Shares and New Investor Shares being issued.
Accordingly, the New Investor Shares will be issued to the relevant Placees without disclosure under Part 6D of the Corporations Act.
As such, no prospectus or offer information statement will be lodged with the Monetary Authority of Singapore or the SGX-ST (acting as agent on behalf of the Monetary Authority of Singapore) in connection with the allotment and issue of the New Investor Shares.
The New Investor Shares, when issued, shall rank pari passu with all Shares with all rights attached thereto and each New Investor Share shall rank pari passu with another New Investor Share with all rights attached thereto.
SFL agrees that the funds received by it from the SFL New Investors shall either be utilized towards the subscription of the SFL New Investor Shares or shall be utilized for the purposes of undertaking the SFL Secondary Acquisition.
Provided that, in the event QMT’s shares are not dragged or QMT is required to sell only part of its Shares, QMT shall be entitled to ensure that the third party acquirer also purchases up to all of QMT’s Shares, each at the same price and on the same terms and conditions as are available to Creador and SFL (in relation to the SFL New Investor Shares).
If the New Investor receives a notice from the Company given in accordance with clause 12.4, then a legally binding and unconditional agreement for the sale of the New Investor Shares by the New Investor and their purchase by the Company shall immediately arise.