Examples of Placing in a sentence
Accordingly, the Investor Shares will be subscribed for contemporaneously with the closing of the International Placing, or on the Delayed Delivery Date, at such time and in such manner as shall be determined by the Company and the Overall Coordinators.
All profits or gains arising from stabilizing activities and transactions effected by the Stabilizing Manager or any person acting for it shall be for the respective account of the Joint Sponsors in accordance with the proportions with their and their respective affiliates’ respective International Placing Underwriting Commitments bear to the total International Placing Underwriting Commitments of the Joint Sponsors and their respective affiliates.
All liabilities, expenses and losses arising from stabilization activities and transactions effected by the Stabilizing Manager or any person acting for it as stabilizing manager shall be for the respective accounts of the International Underwriters in the same proportions, as nearly as may be practicable, as the respective International Placing Underwriting Commitments of the International Underwriters, and may be deducted from the commissions payable to the International Underwriters.
The Company and the Overall Coordinators (for themselves and on behalf of the other Underwriters) shall meet or otherwise communicate as soon as reasonably practicable, after the book-building process in respect of the International Placing has been completed, with a view to agreeing the price at which the Offer Shares will be offered pursuant to the Global Offering.
In addition, the Company may, at its sole and absolute discretion, pay to all syndicate CMIs an additional discretionary fee of up to 1.8% of the aggregate Offer Price in respect of all of the Hong Kong Offer Shares (excluding any Offer Shares reallocated from the International Placing to the Hong Kong Public Offer and any Offer Shares reallocated from the Hong Kong Public Offer to the International Placing pursuant to Clauses 2.6, 4.11 and 4.12) (the “Incentive Fee”).