Examples of Second Admission in a sentence
It should be noted that First Admission is not conditional upon Second Admission.
Further details of this Placing are set out in paragraph 11 of Part VII (Additional Information) of this document.Shareholders should be aware of the possibility that First Admission might occur but that the Acquisition might not be completed and/or that the Second Admission may not occur.
TPI has the right to terminate the Placing Agreement in certain circumstances prior to First Admission and Second Admission, in particular, in the event that there has been, inter alia, a material breach of any of the warranties by the Company.
It is expected that CREST accounts of investors in the New Ordinary Shares who hold their Ordinary Shares in CREST will be credited with the New Ordinary Shares following Second Admission.
Upon the Second Admission, and assuming full take up of the Open Offer Entitlements, the Enlarged Issued Share Capital is expected to be 178,153,110 Ordinary Shares.