Public Float Requirement definition

Public Float Requirement means the requirement under the Listing Rules applicable to the Company that not less than a specified percentage of the Ordinary Shares which are listed on the Exchange shall be held by the public for the purpose of the Listing Rules;
Sample 1
Public Float Requirement means the public float requirement under Rule 8.08 of the Listing Rules.
Sample 1
Public Float Requirement the public float requirement under Rule 8.08 of the Listing Rules;
Sample 1

Examples of Public Float Requirement in a sentence

  • Pursuant to Rule 11.23 of the GEM Listing Rules, the Company has a responsibility to maintain the Public Float Requirement.

  • In order to facilitate the maintenance of the Public Float Requirement, the Company is proposing to implement the Bonus Issue (in respect of which Mr. Wang has undertaken to procure that the Relevant Recipients will be issued with non-voting CPS only) before the Subscription Completion, and to issue the Subscription CPS to the Subscriber at the Subscription Completion.

  • Once a Conversion Notice is served by the holder of the Preferred Shares, the Preferred Shares subject to the Conversion Notice shall not be transferable except where such conversion will result in the Company failing to comply with the Public Float Requirement, in which case, the holder of the Preferred Shares may transfer the Preferred Shares subject to the Conversion Notice.

  • As such, Partial Conversion will have to be carried out to ensure that the Company will be able to fulfil the Public Float Requirement at all times during the Relevant Period.

  • The Company shall within the next Business Day after its receipt of the aforesaid notice respond to the Bondholder concerned in writing whether the proposed allotment and issue of the Conversion Shares would result in a breach of the Public Float Requirement.

  • Pursuant to the Subscription Agreement, Ablaze Rich will only convert the Convertible Bonds in a manner that will not cause the Company to be in breach of the Public Float Requirement.

  • APCI mass spectra simi- larly showed sodiated molecules for phospholipids, but still provided the normal fragments resulting from loss of the head group.

  • Any of the Rights Shares which remain untaken by the Underwriter as a result of the maintenance of the minimum Public Float Requirement upon completion of the Rights Issue, will not be issued by the Company and the size of the Rights Issue will be reduced accordingly.

  • Under such circumstance, First Tech shall reduce its subscription amount to a level which would not result in non-compliance with the Public Float Requirement on the part of the Company.

  • Accordingly, in connection with the Proposed Acquisition, the Company will be required to place out Shares to satisfy the Public Float Requirement (the “Proposed Compliance Placement”) and the issue price for any new Shares to be placed out pursuant to the Proposed Compliance Placement shall not be less than S$0.20.


More Definitions of Public Float Requirement

Public Float Requirement means the requirement under
Sample 1
Public Float Requirement means the requirement under the Listing Rules applicable to the
Sample 1
Public Float Requirement means the requirement under the Listing Rules
Sample 1
Public Float Requirement. The Company shall be deemed to have met the ------------------------- Public Float Requirement if, as of any date of determination, the product of (i) the number of shares of Common Stock issued in transactions registered under Section 5 of the Securities Act and outstanding as of such date of determination and (ii) the Closing Price of such shares, as of such date of determination, equals not less than $50 million. Qualifying Preferred Stock: Shares of preferred stock of the Company -------------------------- issued to a Holder pursuant to Section 2.8 hereof in exchange for an equal number of shares of Preferred Stock.
Sample 1

Related to Public Float Requirement

  • Project Requirements means the statement included in the Request for Proposal detailing the technical and other requirements of Canada which are to be met by the successful Bidder, and which are to be addressed in the Bid;

  • Pretreatment requirements means any substantive or procedural requirement related to pretreatment, other than a pretreatment standard, imposed on an industrial user.

  • performance requirement means a requirement that:

  • Maintenance Requirements shall have the meaning set forth in Clause 14.2;

  • Reportable Compliance Event means that any Covered Entity becomes a Sanctioned Person, or is charged by indictment, criminal complaint or similar charging instrument, arraigned, or custodially detained in connection with any Anti-Terrorism Law or any predicate crime to any Anti-Terrorism Law, or has knowledge of facts or circumstances to the effect that it is reasonably likely that any aspect of its operations is in actual or probable violation of any Anti-Terrorism Law.

  • Credit Requirements means a long-term credit rating (corporate or long-term senior unsecured debt) of (1) “Baa3” or greater by Xxxxx’x, or (2) “BBB-” or greater by S&P, or such other indicia of creditworthiness acceptable to PacifiCorp in its reasonable judgment.

  • Risk Retention Requirements means the credit risk retention requirements of Section 15G of the Exchange Act (15 U.S.C. §78o-11), as added by Section 941 of the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.