Examples of Share Exchange Ratio in a sentence
Upon the effectiveness of the Scheme, TPL shall not require to allot equity shares, based on the Share Exchange Ratio.
The Share Exchange Ratio shall be notified by each of the respective banks to the stock exchanges on which shares of such bank are listed and the date of such notification to be known as the Swap Ratio Announcement Date.
The Merger Issue Shares will be allotted to the entitled KB shareholders (as such term is defined below) through the intermediation of the National Depository for Securities (the “KDPW”) by applying the Share Exchange Ratio pro rata to the number of shares held in Kredyt Bank as at the date which, pursuant to the relevant regulations, will be the reference date (the “Reference Date”).
Kansai Urban has obtained from PwC an opinion as of September 25, 2017 regarding the fairness of the Share Exchange Ratio at the Share Exchange from a financial point of view to the holders of the common stock of Kansai Urban.
The fair value of the replacement warrants is based on the outstanding 2,888,618 warrants outstanding adjusted for the Share Exchange Ratio of 3.0 of Altus common shares per Legend warrant.