Placing and Open Offer definition

Placing and Open Offer means the issuance of 8,448,006 new Ordinary Shares at £8.00 per Ordinary Share on 11 December 2015;
Sample 1Sample 2Sample 3
Placing and Open Offer. ’ means a pre emptive open offer to the Company’s existing shareholders and a placing to eligible new investors under which participants may acquire New Ordinary Shares or
Sample 1Sample 2
Placing and Open Offer means the issuance of 8,448,006 new Ordinary Shares at £8.00 per Ordinary Share on 11 December 2015; “POI Law” means the Protection of Investors (Bailiwick of Guernsey) Law, 1987;
Sample 1

Examples of Placing and Open Offer in a sentence

  • The proceeds from the Placing and Open Offer will be focused on the Group's core Smartlogik subsidiary, which provides search technologies and knowledge management solutions to corporations and Internet portals.

  • Those plans were overwhelmingly endorsed by shareholders who participated in the Placing and Open Offer in December, raising nearly (pound)300 million of new equity capital.

  • The Board and the Proposed Directors consider that, having regard to the Bridging Facility and the net proceeds of the Placing and Open Offer, the Group has sufficient working capital for its present requirements, that is, for at least the next twelve months from the date of publication of this announcement.

  • This Agreement and the Nomura Engagement Letter, excluding any provisions in the Nomura Engagement Letter relating to claims or indemnification of Nomura or Indemnified Persons and any other obligations of the Company contained therein in either case relating to the Placing and Open Offer, represent the entire agreement between the parties in relation to the subject matter of this Agreement and supersede any previous agreement whether written or oral between the parties in relation to that subject matter.

  • The Lock-up Agreement may also be terminated voluntarily by various of the parties to the Lock-up Agreement in certain circumstances, including if any of the key elements of the Restructuring are not implemented or are no longer capable of being achieved, for example, if the Shareholders do not approve the Resolutions at the General Meeting to enable the Placing and Open Offer to proceed or if the requisite majorities of Scheme Creditors do not approve the Scheme at the Scheme Meeting.

  • The circular will contain a notice convening an extraordinary general meeting of the Company to approve the Placing and Open Offer and related proposals.

  • The expected timetable for the Placing and Open Offer is set out in Appendix I.

  • On the same date, Virgin Express Holdings PLC increased its authorised capital and made a "Placing and Open Offer" of 35,108,125 new ordinary shares to the company’s majority shareholder Virgin Sky Investments Limited and other qualifying shareholders (i.e. IDR holders but excluding ADR holders in the US).

  • The Placing and Open Offer Units are priced on identical terms as the Subscription.The aggregate net proceeds of the Placing and Subscription of approximately £11.61 million (after fees and expenses) are expected to provide the Company with an estimated cash runway through Q1 2020.

  • This loan is convertible into Ordinary Shares at a conversion price of 329p per share, as adjusted pursuant to certain anti-dilution provisions which will be triggered by the Placing and Open Offer.


More Definitions of Placing and Open Offer

Placing and Open Offer means the placing and open offer of the Open Offer Shares as described in the Prospectus;
Sample 1
Placing and Open Offer means the Placing and the Open Offer collectively
Sample 1
Placing and Open Offer means the Placing and the Open Offer collectively;"Placing Shares"77,758,778 New Ordinary Shares (being all of the New Ordinary Sharesother than those to be allotted and issued to CBG, the Committed Shareholders and Group Placees upon taking up their Open Offer Entitlements pursuant to the CBG Irrevocable Undertaking Letter, the Irrevocable Undertaking Letters or irrevocable undertaking entered intoby the Group Placees with UBS);"PRA"Prudential Regulation Authority;"Qualifying Non-CRESTShareholders"Qualifying Shareholders holding Ordinary Shares in certificated form;"Qualifying Shareholders"holders of Existing Ordinary Shares on the shareholder register of theCompany on the Record Date (except for, subject to limited exceptions, Excluded Territories Shareholders);"Recapitalisation Plan"the recapitalisation plan originally announced on 17 June 2013 by theCompany and the Co-operative Group to strengthen the Company's capital base;"Record Date"6.00 p.m. on 8 May 2014"Relationship Agreement"the agreement between the Company, the Co-operative Group and CBG,dated 4 November 2013, which regulates the basis for the ongoing relationship between the parties thereto;"Resolutions"the resolutions to be proposed at the General Meeting to be set out in theCircular;"Shareholder"a holder of an Ordinary Share;"Silver Point"SP Coop Investment, Ltd. (Cayman);"SME"small and medium-sized enterprises;"UBS Investment Bank" or"UBS" "Unconditional Time"" "Variation and Director Appointment Deed"UBS Limited; means 7.00 a.m. on the first Business Day following the date of the General Meeting; a deed of variation and director appointment entered into between CBG, the Company and the Co-operative Group Limited on 9 May 2014;
Sample 1

Related to Placing and Open Offer

  • Shelf Underwritten Offering shall have the meaning given in subsection 2.1.3.

  • Underwritten Offering means a Registration in which securities of the Company are sold to an Underwriter in a firm commitment underwriting for distribution to the public.

  • Pending Underwritten Offering means, with respect to any Holder forfeiting its rights pursuant to this Section 4.5(l), any underwritten offering of Registrable Securities in which such Holder has advised the Company of its intent to register its Registrable Securities either pursuant to Section 4.5(a)(ii) or 4.5(a)(iv) prior to the date of such Holder’s forfeiture.

  • Underwritten Offering Notice has the meaning set forth in Section 2(b).

  • Marketed Underwritten Offering means any Underwritten Offering (including a Marketed Underwritten Shelf Take-Down, but, for the avoidance of doubt, not including any Shelf Take-Down that is not a Marketed Underwritten Shelf Take-Down) that involves a customary “road show” (including an “electronic road show”) or other substantial marketing effort by the Company and the underwriters over a period of at least 48 hours.

  • Final Offer means the offer on which a resource was dispatched by the Office of the Interconnection for a particular clock hour for the Operating Day. Final RTO Unforced Capacity Obligation:

  • Minimum Initial Subscription means such greater or lesser amount as may be

  • Initial Offer means the initial offer of Participating Shares in a Fund as set out in the applicable Supplement;

  • ERISA-Qualifying Underwriting A best efforts or firm commitment underwriting or private placement that meets the requirements of an Underwriter’s Exemption.

  • Minimum Capital Requirement means the Minimum Capital Requirement, the minimum group Solvency Capital Requirement or other minimum capital requirements (as applicable) referred to in the Relevant Rules;

  • Pro Rata Extension Offers shall have the meaning assigned to such term in Section 2.21(e).

  • Minimum Participation Requirements means a set of minimum training, risk management, communication and capital or collateral requirements required for Participants in the PJM Markets, as set forth herein and in the Form of Annual Certification set forth as Tariff, Attachment Q, Appendix 1. Participants transacting in FTRs in certain circumstances will be required to demonstrate additional risk management procedures and controls as further set forth in the Annual Certification found in Tariff, Attachment Q, Appendix 1.

  • Minimum Transaction Size means the minimum value of subsequent subscriptions,

  • Loan Modification Offer has the meaning specified in Section 2.24(a).

  • Extension Offer has the meaning specified in Section 2.15(a).

  • Initial Offer Price means the initial price payable for a Share as specified in the relevant Supplement for each Fund.

  • Takeover Offer means an offer in accordance with Section 3.6 for the entire issued share capital of Allergan (other than any Allergan Shares beneficially owned by AbbVie or any member of the AbbVie Group (if any) and any Allergan Shares held by any member of the Allergan Group) including any amendment or revision thereto pursuant to this Agreement, the full terms of which would be set out in the Takeover Offer Document or (as the case may be) any revised offer documents.

  • Subscription Offering means the offering of the Conversion Stock to Participants.

  • Proposed Transaction is defined in Section 6.2(a).

  • Qualified Initial Public Offering means a firm underwritten offering of the Company pursuant to a registration statement under the Securities Act (i) of common Capital Stock having an aggregate gross offering price of at least $50,000,000 and (ii) reasonably expected to result in more than 100 holders of record of Voting Stock of the Company (exclusive of holdings of Affiliates and employees of the Company).

  • Best and Final Offer means a revision to an Offer submitted after negotiations are completed that contains the Offeror’s most favorable terms for price, service, and products to be delivered. Sometimes referred to as a Final Proposal Revision.

  • Market Making means the continuous tender of two-way quotes by a Market Maker i.e. Bid Price and Offer Price for the purchase and sale of the equity securities of GC;

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Initial Offering means the Company’s first firm commitment underwritten public offering of its Common Stock under the Act.

  • Annual Subscription means the subscription paid by a member in accordance with the Registered Clubs Act and being paid either annually or otherwise.

  • pre-emptive offer means an offer of equity securities open for acceptance for a period fixed by the Directors to holders (other than the Company) on the register on a record date fixed by the Directors of ordinary shares in proportion to their respective holdings but subject to such exclusions or other arrangements as the Directors may deem necessary or expedient in relation to treasury shares, fractional entitlements, record dates or legal, regulatory or practical problems in, or under the laws of, any territory;