Examples of Placement Options in a sentence
The proposed issue of the Placement Options does not fall within any of the exceptions set out in Listing Rule 7.2 and exceeds the 15% limit in Listing Rule 7.1. It therefore requires the approval of Shareholders under Listing Rule 7.1.
In addition, the issue of the Placement Options will be excluded from the calculation of the number of equity securities that the Company can issue without Shareholder approval under Listing Rule 7.1. If Resolution 3 is not passed, the Company will not be able to proceed with the issue of the Placement Options.
Any funds raised from the exercise of these Placement Options will be used by the Company for working capital purposes.
This group receives no protection and receives no security from flood defences.
Resolution 2 seeks Shareholder approval for the purposes of Listing Rule 7.1 for the issue of the Placement Options.
The Kangra Central Cooperative Bank Ltd; may terminate the contract in the event the successful bidder fails to furnish the Performance Security or fails to execute the agreement.
The Placement Options are attaching to the Shares, hence nil consideration(d) The Shares will rank equally in all respects with the existing Shares on issue.
The Company reserves the right to reject any Application for Placement Options under this Prospectus to the extent it considers that the Application (whether alone or in conjunction with other Applications) does not comply with these requirements.
Shares issued on exercise of the Placement Options will be fully paid ordinary shares in the capital of the Company and will rank equally in all respects with the Company's existing Shares on issue.
Include as Attachment A5 the Program Placement Options Form(s) found in Appendix 6 and Appendix 7 of this NOFO.