Open Offer Shares definition

Open Offer Shares means the Equity Shares to be purchased by the Purchaser under the Open Offer;

Open Offer Shares means the Ordinary Shares to be issued to certain Shareholders who have agreed to subscribe for such Ordinary Shares pursuant to the Open Offer;

Open Offer Shares means such number of new Ordinary Shares as will be set out in the Circular, to be offered to Qualifying Shareholders;

Examples of Open Offer Shares in a sentence

• Therefore, based on the Open Offer Price of HK$0.26 per Open Offer Share, the total subscription monies payable by Win Dynamic for the Open Offer Shares in its assured allotment would be HK$37,952,049 while the maximum cash consideration payable by Win Dynamic under the Open Offer for the Underwritten Shares would be HK$64,766,089.

• Under the Open Offer, a total of 395,069,760 Open Offer Shares will be issued, amounting to a total value of HK$102,718,138 at the Open Offer Price of HK$0.26 per Open Offer Share.

• Of the 395,069,760 Open Offer Shares, 145,969,420 Open Offer Shares will be in the assured allotments of the Offeror, and 249,100,340 Open Offer Shares are in the assured allotments of other Shareholders (the “Non-Win Dynamic Open Offer Shares”) but fully underwritten by the Underwriter (i.e. Win Dynamic/the Offeror) under the Underwriting Agreement.

• In the scenario that all the Non-Win Dynamic Open Offer Shares are taken up by the Qualifying Shareholders other than parties acting in concert with Win Dynamic and/or places to Independent Third Parties under the Placing Agreement, the total subscription monies payable by Win Dynamic for its assured allotment would remain as HK$37,952,049.

• Total value of the Unconditional Offers The total value of the Unconditional Offers depends on the level of subscriptions of the Open Offer Shares taken up by the Qualifying Shareholders, the number of Unsubscribed Shares successfully placed out to the Independent Third Parties under the Unsubscribed Arrangements and hence the number of the Underwritten Shares that the Offeror, as the Underwriter, will be required to take up under the Open Offer.

More Definitions of Open Offer Shares

Open Offer Shares means 97,826,746 icollector Shares to be issued under the terms of the Placing and Open Offer;

Open Offer Shares means the new Share(s) to be allotted and issued under the Open Offer.

Open Offer Shares means up to 90,911,660 New Ordinary Shares being made available to Qualifying Shareholders pursuant to the Open Offer;

Open Offer Shares means New Ordinary Shares which are the subject of the Open Offer;

Open Offer Shares means the New Shares being offered in aggregate to Qualifying Shareholders pursuant to the Open Offer together, where the context requires, with Excess Shares available under the Excess Application Facility;

Open Offer Shares means 175,863,121 New Ordinary Shares which are to be madeavailable for subscription by Qualifying Shareholders under the Open Offer

Open Offer Shares means 2,02,51,400 (Two Crore Two Lakh Fifty-One Thousand and Four Hundred) Equity Shares constituting 26% of the Diluted Share and Voting Capital of the Target Company.