Placing Agents definition
Examples of Placing Agents in a sentence
Any transaction legally, properly and reasonably carried out by the Placing Agent (and any sub-placing agent) shall constitute a transaction carried out at the request of the Vendor and as its agent and not in respect of the Placing Agent's own account.
None of the Placing Agents shall be obliged to purchase themselves any of the Placing Shares, for which no Placees to purchase such Shares are procured by the Placing Agents.
As disclosed in the Company’s announcement dated 15 July 2010, completion of the Placing Agreement took place on the same date and all the Placing Shares have been successfully placed by the Placing Agents to placees who are independent third parties.
The Offer Price of the Offer Shares was determined following the completion of an overnight and accelerated book-building exercise by the Placing Agents.
No purchaser of any of the Placing Shares from any of the Joint Placing Agents shall be deemed a successor or assign by reason merely of such purchase.