Open Offer definition

Open Offer means the open offer required to be made by the Purchaser in accordance with the SEBI Takeover Regulations in connection with the Transactions;

Open Offer means the invitation to Qualifying Shareholders to apply to subscribe for Open Offer Shares at the Issue Price on the terms and subject to the conditions set out in the Circular;

Open Offer means the standing offer issued by X-CLEAR to enter into a Single Contract;

Examples of Open Offer in a sentence

• It is a term of the Open Offer that cheques shall be honoured on first presentation and the Company may elect to treat as invalid acceptances in respect of which cheques are not so honoured.

• Normal system timings and limitations will therefore apply in relation to the input of a USE instruction and its settlement in connection with the Open Offer.

• In these circumstances, you will not receive any Open Offer Shares.

• Shareholders who are in any doubt as to their tax position in relation to taking up their entitlements under the Open Offer, or who are subject to tax in any jurisdiction other than the United Kingdom, should immediately consult a suitable professional adviser.

• Qualifying Shareholders should be aware that the Open Offer is not a rights issue.

More Definitions of Open Offer

Open Offer means the offer to Qualifying Shareholders, constituting an invitation to apply for New Shares, on the terms and subject to the conditions set out in the Prospectus and, in the case of Qualifying Non-CREST Shareholders, the Open Offer Application Form;

Open Offer means the open offer to be made by Grasim and/or its associates in terms of this Scheme, within 120 days of the Effective Date but prior to the listing of the shares of CemCo to purchase 30% of the share capital of CemCo from the public at the Offer Price with the object of acquiring management control of CemCo;

Open Offer means the open offer pursuant to Regulations 3(1) and 4 and other applicable provisions of the SEBI (SAST) Regulations;

Open Offer. / “Offer” means the voluntary open offer made by the Acquirer and PACs to the Public Shareholders for the acquisition of up to 371,750,500 (Three Hundred and Seventy One Million Seven Hundred Fifty Thousand Five Hundred) Equity Shares, representing 10% of the fully diluted voting share capital of Target Company (“Voting Share Capital”) from the Public Shareholders.

Open Offer means an offer of access to the Network made by Great Southern Networks which is not a Conditional Offer.

Open Offer means the open offer for acquisition of up to 9,75,026 (Nine Lakhs Seventy-Five Thousand and Twenty-Six) Equity Shares, representing 26.00% of the fully paid-up Equity Share capital and voting share capital of the Target Company;

Open Offer means the open offer for the acquisition of up to 4,741,900 (four million seven hundred forty-one thousand nine hundred only) Equity Shares, representing 25% (twenty-five per cent.) of the Voting Share Capital of the Target Company as of the 10th (tenth) Working Day from the closure of the tendering period of the Open Offer, from the Public Shareholders.