Provisional Allotment Letter definition

Provisional Allotment Letter or ‘PAL’ means the form which you must complete in order to instruct us to Exercise and/or sell your Rights;
Provisional Allotment Letter means the form of renounceable provisional allotment letter, in the form to be agreed, to be issued or made available by the Company, subject to Clause 4.9, to Qualifying Non-CREST Holders in connection with the Rights Issue;
Provisional Allotment Letter means the form of the renounceable provisional allotment letter to be issued by the Company, subject to CLAUSE 5, to Qualifying Holders in connection with the Rights Issue;

Examples of Provisional Allotment Letter in a sentence

  • If your Nil Paid Rights are represented by a Provisional Allotment Letter and you wish to convert them into uncertificated form.

  • The dates set out in the Expected Timetable of Principal Events above and mentioned throughout this document and in the Provisional Allotment Letter may be adjusted by Waterford Wedgwood, in which event details of new dates will be notified, via a Regulatory Information Service, to the Irish Stock Exchange, the UK Listing Authority and the London Stock Exchange and, where appropriate, to Qualifying Stockholders.

  • If you sell or have sold or otherwise transferred all of your existing ordinary shares held (other than ex-rights) in certificated form before September 18, 2013, please forward this document and any Provisional Allotment Letter, if received, at once to the purchaser or transferee or the bank, stockbroker or other agent through whom the sale or transfer was effected for delivery to the purchaser or transferee.

  • The Company may, at its sole discretion, treat a Provisional Allotment Letter as valid and binding on the person(s) by whom, or on whose behalf, it is lodged even if it is not completed or lodged in accordance with the relevant instructions or not accompanied by a valid power of attorney, where required.

  • The Company may (at its sole discretion) treat a Provisional Allotment Letter as valid and binding on the person(s) by whom or on whose behalf it is lodged even if it is not completed in accordance with the relevant instructions or is not accompanied by a valid power of attorney where required.


More Definitions of Provisional Allotment Letter

Provisional Allotment Letter means the form of the renounceable provisional allotment letter to be issued by the Company, subject to Clause 5, to Qualifying Non-CREST Holders in connection with the Rights Issue, a draft of which has been initialled by or on behalf of the Company and the Bank for the purposes of identification only and marked “F”;
Provisional Allotment Letter means the provisional allotment letter in respect of Rights Shares to be issued to Qualifying Shareholders in the agreed form;
Provisional Allotment Letter the provisional allotment letter to be used in connection with the Rights Issue in the agreed form
Provisional Allotment Letter. A provisional Allotment Letter which may be issued by the Company to the Allottee upon the Allottee making a request for Allotment of the Demised Premises and agreeing to abide by the Terms & Conditions of Allotment;
Provisional Allotment Letter means the form of renounceable provisional allotment letter being either the UK Provisional Allotment Letter, the HK Provisional Allotment Letter or the Bermudan Provisional Allotment Letter, to be issued or made available by the Company, subject to Clause 4.10, to Qualifying Non-CREST/CCASS Holders in connection with the Rights Issue;
Provisional Allotment Letter means the form of renounceable provisional allotment letter to be issued in connection with the Rights Issue by the Company to Qualifying Non-CREST Holders (other than Prohibited Shareholders) in respect of the Nil Paid Rights;
Provisional Allotment Letter means the form of renounceable provisional allotment letter, in the agreed form, to be issued or made available by the Company, subject to Clause 4.8, to Qualifying Non-CREST Holders in connection with the Rights Issue; QIBs or qualified institutional buyers has the meaning given in Rule 144A promulgated under the Securities Act; Qualifying CREST Holders means Qualifying Shareholders who hold Existing Ordinary Shares and, following the Share Capital Subdivision coming into effect, Ordinary Shares in uncertificated form;