Placing Shares definition
Placing Shares means the 32,313,130 Shares to be issued by the Company pursuant to the Placing;
Placing Shares means the new Ordinary Shares which are to be issued in connection with the Placing;
Placing Shares has the meaning given to it in Clause 2.1;
Examples of Placing Shares in a sentence
Completion of the CN Placing and Share Placing (assuming all Placing Shares are placed), will together, raise net proceeds of approximately HK$11,560 million (or equivalent to approximately US$1,482 million) of which approximately HK$9,422.4 million (or equivalent to approximately US$1,208 million) will be used to fund the Company’s obligation to pay its proportion of the Purchase Price.
More Definitions of Placing Shares
Placing Shares means such number of new Ordinary Shares which will be established by the Bookbuild and set out in the executed Term Sheet;
Placing Shares means the new Ordinary Shares proposed to be allotted and issued by the Company as set out in the Placing Term Sheet fully paid up pursuant to the Placing in accordance with the terms of the Placing Agreement following the Bookbuild, including, for the avoidance of doubt, both the First Tranche Placing Shares and the Second Tranche Placing Shares;
Placing Shares means the First Placing Shares and the Second Placing Shares;
Placing Shares means 169,828,478 new shares of the Company to be placed by or on behalf of the Placing Agent as agent for the Company pursuant to this Agreement;
Placing Shares means such number of Ordinary Shares to be allotted and issued pursuant to the Capital Raise, calculated in accordance with the following formula: Capital Raise Ownership Percentage x Pre – Money Shares
Placing Shares means the 2,218,000 new Common Shares proposed to be issued by the Company to Placees pursuant to the Placing;
Placing Shares means initially 153,000,000 new H Shares to be placed pursuant to the Placing representing approximately 15% of the H Shares currently in issue or approximately 13% of the H Shares in the Share capital as enlarged after the Placing and where the context so requires, such new H Shares together with the Over-allotment Option Shares;