SPP Shares definition

SPP Shares means the Shares which are offered for issue, or to be allotted, to Eligible Shareholders under the SPP; and
SPP Shares means a new Share subscribed for under the SPP Offer;
SPP Shares is defined in Clause 2.1(f) of this Deed;

Examples of SPP Shares in a sentence

  • No brokerage or transaction costs will be payable by Eligible Shareholders in respect of the application for, and the issue of, SPP Shares.

  • If the Company undertakes a scale back, you will receive the number of SPP Shares determined by the Company in its absolute discretion which may be less than the number of Shares applied for.

  • If you apply for SPP Shares, you will apply for a certain value, rather than a certain number, of SPP Shares.

  • This means that the price you pay for the SPP Shares issued to you may be less than or more than the market price of Shares at the date of this Prospectus or the time of issue of the SPP Shares.

  • Resolution 6 seeks Shareholder approval for the issue of up to 36,363,636 Shares (SPP Shares) at a price of $0.275 per Share, being the same price as the Placement, pursuant to a share purchase plan (SPP) to be launched by the Company subject to approval of this Resolution 6.Under the proposed SPP, eligible Shareholders will be entitled to subscribe for up to a maximum of$30,000 of Shares at a price of $0.275 per Share.

  • However because the SPP Shares are to be issued at the same price as the Placement, the discount is such that the price falls below the limit imposed by exception 5.

  • SPP Shares will rank equally in all respects with existing Shares quoted on the ASX, with the same voting rights, dividend rights and other entitlements.

  • If ASX does not grant Official Quotation of the SPP Shares offered pursuant to this Prospectus within three months after the date of this Prospectus (or such period as varied by ASIC), the Company will not allot any SPP Shares and will repay all Application Monies for the SPP Shares within the time period prescribed under the Corporations Act, without interest.

  • Each applicant for SPP Shares and Options submits to the non-exclusive jurisdiction of the courts of Victoria, Australia.

  • SPP Shares will be fully paid ordinary shares in the capital of the Company, which will rank equally with, and will have the same voting and other rights as existing issued shares of the Company.


More Definitions of SPP Shares

SPP Shares means the Scheme Shares to be issued to the Creditor SPV on or
SPP Shares means fully paid ordinary shares issued under the SPP, as further described in the Explanatory Statement;
SPP Shares means new Shares issued under the SPP
SPP Shares means the Scheme Shares to be issued to the Creditor SPV on or before the Restructuring Effective Date which will participate in the SPP (which have not been sold pursuant to the SPP)

Related to SPP Shares

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Co-op Shares Shares issued by private non-profit housing corporations.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Company Shares means the common shares in the capital of the Company;

  • Dividend Shares means any shares of Common Stock issuable in lieu of cash dividends paid or to be paid on the Series A Preferred.

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

  • Common Shares means the common shares in the capital of the Corporation;

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • Acquired Shares has the meaning set forth in the Recitals.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Amalco Shares means the common shares in the capital of Amalco;

  • DWAC Shares means shares of Common Stock that are (i) issued in electronic form, (ii) freely tradable and transferable and without restriction on resale and (iii) timely credited by the Company to the Investor’s or its designee’s specified DWAC account with DTC under the DTC/FAST Program, or any similar program hereafter adopted by DTC performing substantially the same function.

  • Public Shares means the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • Stock Election Shares shall have the meaning set forth in Section 3.2.1.

  • Newco Shares means the common shares in the capital of Newco;

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Lock-Up Shares has the meaning set forth in Section 4.1.

  • Sold Shares shall have the meaning specified in Section 6.

  • ASA Shares has the meaning set forth in 2.4(a).

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Fully Diluted Shares means, at any time of determination, the number of shares of common stock of the applicable entity outstanding at such time, plus the number of shares of issuable upon exercise or conversion or otherwise pursuant to any in-the-money common stock equivalents of such entity outstanding at such time.

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.