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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 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 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.

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

  • AGENTS NOTE All plans, drawings and sketches provided by the agents or their clients are for information only and subject to change.

  • 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 a 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 provisional allotment letter in respect of Rights Shares to be issued to Qualifying Shareholders in the agreed form;
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 or “PAL” “Prospectus Documents” “Prospectus Posting Date” “Public Float Requirement
Provisional Allotment Letter means the renounceable provisional allotment letter in the agreed form to be issued, subject as provided in clause 5, to Qualifying Holders in accordance with their respective entitlements under the 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 the renounceable provisional allotment letter expected to be sent “Prudential” Prudential plc, a company incorporated in England and Wales, with registered number 1397169 and with its registered office at Xxxxxxxx Xxxxxxxx Xxxx, Xxxxxx XX0X 0XX;