Qualifying Investors definition

Qualifying Investors means selected institutional investors, invited investors and private clients of selected stock broking companies in South Africa who apply for Shares, and to whom the Offer is addressed and made;

Qualifying Investors means each of (a) the Investors (other than Investor 1) and (b) Investor 1 (on and from the date Investor 1 issues the NVP Certificate) and (c) each NVP Eligible Transferee.

Qualifying Investors means, collectively:

Examples of Qualifying Investors in a sentence

• Under the current Rules, the ICAV is deemed to be a collective investment scheme for marketing solely to Qualifying Investors.

• To be entered on the Register of Members, Members must be Qualifying Investors except to the extent the shares are Subscriber Shares.

• A transfer of Participating Shares may only be effected by transfer in writing to Qualifying Investors.

• Only investors who certify that they are Qualifying Investors and that they are aware of the risks involved in the proposed investment and that inherent in such investment is the potential to lose all of the sum invested shall be entered on the Register of Members as a Member.

• The investing employees must certify to the ICAV that they are availing of the exemption provided for in this Clause and that they are aware that the ICAV is normally marketed solely to Qualifying Investors who are subject to a minimum subscription of €100,000 or its equivalent in another currency.

• To be entered on the Register, Shareholders (applicants) must have applied for and acquired Participating Shares in the ICAV to the value of not less than the Minimum Subscription amount, certified that they are Qualifying Investors or Knowledgeable Persons (as defined herein) and that they are aware of the risk involved in the proposed investment and of the fact that inherent in such investment is the potential to lose all of the sum invested.

• To be entered on the Register, Shareholders (applicants) must have applied for and acquired Participating Shares in the ICAV to the value of not less than the Minimum Subscription amount, certified that they are Qualifying Investors (as defined herein) and that they are aware of the risk involved in the proposed investment and of the fact that inherent in such investment is the potential to lose all of the sum invested.

• Only transferees who certify that they are Qualifying Investors or Knowledgeable Investors and that they are aware of the risk involved in the proposed investment and that inherent in such investment is the potential to lose all of the sum invested, shall be entered on the Register as a Shareholder and shall be permitted to invest in the ICAV.

• The Minimum Subscription for Qualifying Investors is EUR 100,000 (or its equivalent in other currencies) (except for Knowledgeable Persons as defined in Clause 9.05).

• Within the EU, the ICAV may only be marketed to professional investors as defined in the AIFMD unless the Member State in question permits, under the laws of that Member State, the ICAV to be sold to other categories of investors and that such investors encompasses Qualifying Investors set out in (b) and (c) above.

More Definitions of Qualifying Investors

Qualifying Investors means such Investors, individually and along with their respective Affiliates, holding at least 3% (three percent) of the Share Capital of the Company. However, only for the purpose of this definition, the shareholding of Xx. Xxxxx Xxxx and Mr. Xxxxx Xxxxx Xxxxxx in the Company, shall be calculated on a collective basis, and not individually.

Qualifying Investors means selected investors in South Africa and other jurisdictions to whom the Offering Circular will specifically be addressed, which may include the Preference Share Underwriters; “Questco” or “Independent Expert” means Questco Proprietary Limited (registration number 2002/005616/07), a private company incorporated in accordance with the laws of South Africa and the appointed independent expert in respect of the Preference Share Issue; “Rand” or “R” means South African rand, the official currency of South Africa; “register” means Stellar Capital’s share register, including all sub‑registers; “Rights Issue” the proposed rights issue of the Rights Issue Shares to shareholders, to be made at the Rights Issue Share Price and otherwise in accordance with the terms of the Rights Issue Circular, further details of which are set out in paragraph 3.2; “Rights Issue Circular” means the circular to Stellar Capital shareholders in respect of the Rights Issue and containing a form of instruction, where applicable; “Rights Issue Share Price” the price at which the Rights Issue Shares are to be offered to shareholders in terms of the Rights Issue; “Rights Issue Shares” such number of ordinary shares to be issued by Stellar Capital in terms of the Rights Issue in order to raise R400 000 000; “Rights Issue Underwriters” means Thunder and Anchor Capital; “RMB” or “Arranger” means Rand Merchant Bank, a division of FirstRand Bank Limited (registration number 1929/001225/06), a public company duly incorporated in accordance with the laws of South Africa; “Roodt” means Cornelius Johannes Roodt, ID Number 5902215052087, an independent, non‑executive director of Stellar Capital and a related party to Stellar Capital; “SENS” means the Stock Exchange News Service, the news service operated by the JSE; “Stellar Investment Holdings” means Stellar Investment Holdings Proprietary Limited (registration number 2015/030465/07), a private company duly incorporated in accordance with the laws of South Africa having its registered address at Office 202, Cape Quarter, 27 Somerset Road, Green Point and owned by Navy Sky Investments Proprietary Limited as to 30%, Lavender Sky Investments 40 Proprietary Limited as to 32.5%, Ryan Wood Collier (or his nominee) as to 12.5% and Thunder as to 25%; “shareholders” or “Stellar Capital shareholders” means certificated and dematerialised registered holders of Stellar Capital shares; “ordinary shares” means ordinary shares of no par value in the share capi...

Qualifying Investors shall have the meaning as stipulated in Section 1.1 of the AFS: