Examples of New Options in a sentence
The New Options are transferable subject to any restriction or escrow arrangements imposed by ASX or under applicable Australian securities laws.
There are no participation rights or entitlements inherent in the New Options and holders will not be entitled to participate in new issues of capital offered to Shareholders during the currency of the New Options without exercising the New Options.
The New Options are exercisable at any time on or prior to the Expiry Date (Exercise Period).
Shares issued on exercise of the New Options rank equally with the then issued shares of the Company.
The New Options may be exercised during the Exercise Period by notice in writing to the Company in the manner specified on the New Option certificate (Notice of Exercise) and payment of the Exercise Price for each New Option being exercised in Australian currency by electronic funds transfer or other means of payment acceptable to the Company.