Examples of Rule 2.4 Announcement in a sentence
Potential interest has been public since the Rule 2.4 Announcement by INM on 4 April 2019, which underpins the INM Board’s belief that the Acquisition represents a fair price for INM and no superior proposal has been received by INM.
The INM Board notes that the Acquisition represents a significant premium of 44% to the undisturbed share price of7.28 cent on 3 April 2019 (being the last Business Day prior to the Rule 2.4 Announcement by INM on 4 April 2019) as well as a 70% premium to INM’s volume weighted average share price of approximately 6.17 cent over the 90 trading day period ending on 3 April 2019, and that the all-cash consideration gives INM Shareholders an opportunity to realise value at this premium today.
The Acquisition represents a premium of approximately: o 44% to INM’s Closing Price of 7.28 cent on 3 April 2019 (being the last Business Day prior to the Rule 2.4 Announcement by INM on 4 April 2019); o 63% to INM’s volume weighted average share price of approximately 6.43 cent over the 30 trading day period ending on 3 April 2019; ando 70% to INM’s volume weighted average share price of approximately 6.17 cent over the 90 trading day period ending on 3 April 2019.
The RTA shall not, whether alone or together with others, publish or give cause to publication any matter relating to his/her work with the Beneficiary administration or the EU without obtaining permission from the Commission (HQ or EUD) and the Beneficiary administration under the conditions and rules in force at the place of their assignment.
Further to the joint announcement of 10 October 2011 pursuant to Rule 2.4 of the Code (the "Rule 2.4 Announcement") of the Possible Cash Offer for Harvard by Bidco, the directors of Bidco, Geeya and Harvard are pleased to announce that all of the pre-conditions to the issue of an offer announcement pursuant to Rule 2.7 of the Code as set out in the Rule 2.4 Announcement have now been satisfied.
In the Rule 2.4 Announcement, Royalty Pharma reserved the right to reduce the possible offer price for each ADS and Ordinary Share in the event that the Company announces, declares or pays a dividend or any other distribution to its shareholders or announces or makes any share buyback or redemption, or agrees to or undertakes any extraordinary transaction, including an acquisition, in-licensing, or debt refinancing.
He refers to the fusion fallacy in Australia; the proposition that the joint administration of two distinct bodies of law means that the doctrines of one are applicable to the other.
As set out in the Rule 2.4 Announcement, PFZW reserved the right to reduce the original cash consideration of US$16.75 per Scheme Share by an amount up to the amount of any dividend and/or other distribution and/or return of capital by DP World between the Announcement Date and the Effective Date.
The terms of the Acquisition provide Hunters Shareholders with a combination of certain cash, as well as the New TPFG Shares, allowing participation in the future capital and income returns of the enlarged business, with the Offer Price representing a significant premium to Hunters' share price performance prior to the Rule 2.4 Announcement by Hunters on 4 December 2020.
Column (A) is based on the market value of LSEG Shares and Deutsche Bo¨rse Shares on 22 February 2016 (being the last Business Day prior to the initial Rule 2.4 Announcement on 23 February 2016).