Examples of Peoples Shares in a sentence
Peoples has no other options, warrants or other securities issued by Peoples that carry a right to subscribe for or which are convertible into Peoples Shares.
The Offeror will pay the buyer’s ad valorem stamp duty on its own behalf and the seller’s ad valorem stamp duty on behalf of the accepting Peoples Shareholders in respect of the Peoples Shares accepted under the Share Offer.
Terms of the Offers Under the terms of the Share Offer, Peoples Shares will be acquired with all rights attached thereto as at the date of the Announcement, or subsequently becoming attached thereto and free from all rights of pre-emption, options, liens, claims, equities, charges, encumbrances and third party rights.
Total Consideration On the basis of the Share Offer Price of HK$4.55 per Peoples Share and 743,641,019 Peoples Shares in issue as at the Latest Practicable Date, the entire issued share capital of Peoples is valued at approximately HK$3,383.6 million.
We are of the view that such premium can be interpreted as a continuously positive response from the investing public to the Offers as the price of the Peoples Shares surged to and remained at the level that is slightly below the Share Offer Price during the Post MOU-Announcement Period.
The Peoples Shares have been trading at a level below the Share Offer Price at HK$4.55 on the market at all times during the Pre MOU-Announcement Period and the Share Offer Price represents a significant premium over the closing price and average closing price for the different periods as described above.
The dividend yield of Peoples Shares based on the Share Offer Price of 6.81% was approximately 49.34% higher than that of SmarTone.
Peoples Shares held by Peoples Independent Shareholders who have not accepted the Offers will be subject to compulsory purchase on exercise of the compulsory acquisition rights by the Offeror.
If you have lodged transfer(s) of any of your Peoples Shares for registration in your name and have not yet received your share certificate(s), and you wish to accept the Share Offer in respect of your Peoples Shares, you should nevertheless complete theWHITE Form of Acceptance and deliver it to the Registrar together with the transfer receipt(s) duly signed by yourself.
The P/E on a particular day is calculated based on the closing price of the Peoples Shares divided by the latest audited earnings based on the issued Peoples Share publicly available on that particular day.We observed from the above chart that Peoples’ P/E mostly remained at between 7 times to 10 times except for the first three months following Peoples’ initial public offering and after the Post-MOU Announcement Period.