Placing Letter definition
Examples of Placing Letter in a sentence
The Agent will use its reasonable endeavours to procure subscribers for the New Shares in the UK pursuant to the Placing Letter under appropriate exemptions under the POS Regulations and the Financial Services and Markets ▇▇▇ ▇▇▇▇ (Financial Promotions) Order 2001 and only in circumstances that are deemed not to be an “offer to the public in the United Kingdom” under the POS Regulations.
The Placing Agent will issue to the Placee(s) whom it has procured to subscribe for or purchase the Notes, a Placing Letter (other than as agreed between the Placing Agent and the Issuer).
Investec undertakes to use all reasonable endeavours to enforce the terms of the Placing Letter with each Placee.
The Placing Shares shall be offered by way of Placing Letter by the Sole Placing Agent to the Placee(s) (other than as agreed between the Sole Placing Agent and the Company).
All references to the times in this Placing Letter and the attachments hereto shall be the Hong Kong Time.