Provisional Allotment Letter definition

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 or ‘PAL’ means the form which you must complete in order to instruct us to Exercise and/or sell your Rights;
Provisional Allotment Letter the provisional allotment letter to be used in connection with the Rights Issue in the agreed form

Examples of Provisional Allotment Letter in a sentence

  • You will need your Provisional Allotment Letter to be returned to you if you want to deal in your Fully Paid Rights.

  • Your Provisional Allotment Letter will not be returned to you unless you tick the appropriate box on the Provisional Allotment Letter.

  • Shareholders may sell their Rights from BCD+1 without having to wait for the Notice of Provisional Allotment Letter and Rights Subscription Form.

  • Within the United Kingdom only, you can use the reply-paid envelope which will be enclosed with the Provisional Allotment Letter.

  • If you post your Provisional Allotment Letter within the United Kingdom by first-class post, it is recommended that you allow at least four days for delivery.


More Definitions of Provisional Allotment Letter

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;
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. 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, 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;
Provisional Allotment Letter means the provisional allotment letter to be issued to Qualifying Non- CREST Shareholders (other than certain Overseas Shareholders);