Qualifying Investors definition

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 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 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...

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.

• The Company is licensed and regulated by the Malta Financial Services Authority (“MFSA”) under the Investment Services Act (Chapter 370, Laws of Malta) as a Professional Investor Fund which targets Qualifying Investors as set out in the relevant Offering Supplement.

• EFI Notes which are held by investors other than Qualifying Investors may be subject to early redemption in accordance with the Conditions.Fixed/Floating Rate NotesNotes to which Condition 5(d) (Interest and other Calculations - Change of Interest Basis) applies may bear interest at a rate that the relevant Issuer may elect to convert from a fixed rate to a floating rate, or from a floating rate to a fixed rate.

• Potential investors should consider reinvestment risk in the light of other investments available at that time.In addition, Notes issued by EFI may not be held by investors who are not Qualifying Investors, as defined herein.

• The Employment and Investment Incentive Scheme (“EII Scheme”) is a tax relief incentive scheme, (previously the Business Expansion Scheme (“BES”)) which provides all-income tax relief to Qualifying Investors for investments in certain qualifying small and medium sized trading companies (“SMEs”).

• The value of commodities may go up or down and therefore there is a risk that you may lose some or all of your original investment.7. Employment and Investment Incentive SchemeThe Employment and Investment Incentive Scheme (“EII Scheme”) is a tax relief incentive scheme, which provides all-income tax relief to Qualifying Investors for investments in certain qualifying small and medium sized trading companies (“SMEs”).

• Consequently, the minimum subscription amount will not fall below the amount prescribed by the Central Bank in respect of such Qualifying Investors.

• Under the current Rules, the ICAV is deemed to be a collective investment scheme for marketing solely to Qualifying Investors who will invest the Minimum Subscription Amount.

• In order to acquire Investor Shares in the Company, all Qualifying Investors must satisfy the conditions set out in this Offering Memorandum.

• The Offer is only available to persons who qualify as wholesale clients (as defined in section 761G(7) of the Act) or sophisticated investors (as defined in section 761GA of the Act) (collectively, Qualifying Investors).

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, collectively:

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

Qualifying Investors means each of (a) Matrix; (b) Sequoia; (c) TPG; (d) KKR; and (e) NVP in the manner provided in Articles 255, 191, 217 (b) (iii) and clause 16.1 of the Agreement;