Examples of Tranche 2 Shares in a sentence
Based on the Tranche 2 Shares to be issued to OICL pursuant to the Subscription Agreement, plus 11,877,821 Class B ordinary shares which would be received upon conversion of the Class A ordinary shares beneficially held by Saldivar.
Resolution 3 seeks Shareholder approval for the purposes of Listing Rule 7.1 for the issue of the Tranche 2 Shares.
The Tranche 2 Shares are intended to be transferred to Otkritie Holding following the receipt of such Class B ordinary shares by OICL from QIWI.
The net proceeds of the issue of the Tranche 1 Shares will be used, in conjunction with any funds raised from the issue of the Tranche 2 Shares, by the Company to progress the development of the Ngualla Project and the Teesside Refinery (including offtake and financing arrangements), expandingthe Company’s technical and marketing team, and the repayment of the ANRF Royalty Facility.
The Tranche 2 Shares will be issued and allotted by the Company as soon as reasonably practicable after the Meeting but, in any case, not later than 3 months after the date of Shareholder approval pursuant to Resolution 2 or such later date as approved by ASX.