Subscription Shares definition

Subscription Shares has the meaning ascribed to it in Section 2.1.

Subscription Shares means the 6,828,985 Shares that were issued by the Company and subscribed for by the Investor on the Reference Date pursuant to the Subscription Agreement.

Subscription Shares has the meaning set forth in the recitals.

Examples of Subscription Shares in a sentence

• Pursuant to the results of the public tender, CKRTT shall subscribe for the Subscription Shares, subject to the agreement of the terms by entering into a definitive agreement between the parties.

• The Subscription Shares represent (i) approximately 19.995% of the existing issued share capital of the Company as at the date of this announcement; and (ii) approximately 16.663% of the enlarged issued share capital of the Company immediately following the Completion, assuming that there will be no change in the issued share capital of the Company (other than the issue of the Subscription Shares) between the date of this announcement and the Completion.

• The Subscription Shares will be allotted and issued under the General Mandate granted to the Directors by a resolution of the Shareholders passed at the AGM subject to the limit of up to 20% of the issued share capital of the Company as at the date of the AGM.

• As such, the issue of the Subscription Shares will not be subject to Shareholders’ approval.

• The sole objective of the Loan is to use and apply the Capital Amount for the purpose of acquiring Subscription Shares, that is VCC Shares, under and in terms of the Subscription Agreement.

More Definitions of Subscription Shares

Subscription Shares means, collectively, the Senior Preferred Shares issued or issuable to each Investor at or prior to the relevant Closing pursuant to the Subscription Agreement (including 58,258,083 Senior Preferred Shares issued to Joy Capital prior to the First Closing, which shall form part of the Senior Preferred Shares subscribed by Joy Captial at the First Closing under the Subscription Agreement), and the Senior Preferred Shares issued or issuable upon exercise of the Warrants.

Subscription Shares means 12,546,128 new Shares to be issued by the Company;

Subscription Shares. Section 2.1

Subscription Shares has the meaning specified in the recitals to this Agreement.

Subscription Shares means 800,000,000 new Shares to be allotted and issued by the Issuer and to be subscribed by the Subscriber pursuant to this Agreement;

Subscription Shares means the number of the Ordinary Shares equal to the quotient of (a) $180,000,000 divided by (b) the average closing price of the Ordinary Shares on each of the twenty (20) consecutive trading days occurring immediately prior to (but not including) the date hereof.

Subscription Shares shall have the meaning set forth in the Recitals.