Common use of Qualifying Shareholders Clause in Contracts

Qualifying Shareholders. The Rights Issue will only be available to the Qualifying Shareholders. The Company will despatch the Prospectus Documents to the Qualifying Shareholders on the Prospectus Posting Date but will only send the Prospectus (without the PAL), for information purposes only, to the Non-Qualifying Shareholders. To qualify for the Rights Issue, a Shareholder must be registered as a member of the Company at the close of business on the Record Date and not be a Non-Qualifying Shareholder. Shareholders with their Shares held by a nominee (or held in CCASS) should note that the Board will consider the said nominee (including HKSCC Nominees Limited) as one single Shareholder according to the register of members of the Company and are advised to consider whether they would like to arrange for the registration of the relevant Shares in their own names prior to the Record Date. In order to be registered as members of the Company at the close of business on the Record Date, any relevant transfer documents (together with the relevant share certificates) must be lodged with the Registrar at Shops 1712–1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Hong Kong for registration no later than 10:00 a.m. on Tuesday, 21 July 2020. It is expected that the last day of dealings in the Shares on a cum-rights basis is Friday, 17 July 2020 and the Shares will be dealt with on an ex-rights basis from Monday, 20 July 2020. The Qualifying Shareholders who take up their pro-rata entitlement in full will not experience any dilution to their interests in the Company (except in relation to any dilution resulting from the taking up by third parties of any Rights Shares arising from the aggregation of fractional entitlements, if any). If a Qualifying Shareholder does not take up any of his/her/its entitlement in full under the Rights Issue, his/her/its proportionate shareholding in the Company will be diluted.

Appears in 1 contract

Samples: www.saholdings.com.hk

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Qualifying Shareholders. The Rights Issue will only be available to the Qualifying Shareholders. The Company will despatch the Prospectus Documents to the Qualifying Shareholders on the Prospectus Posting Date but will only send the Prospectus (without the PAL), for information purposes only, to the Non-Qualifying Shareholders. To qualify for the Rights Issue, a Shareholder’s name must appear on the register of members of the Company on the Record Date, which is currently expected to be Wednesday, 27 June 2018 and such Shareholder must not be a Non-Qualifying Shareholder. In order to be registered as a member of the Company at the close of business on the Record Date and not Date, any transfer of Shares (together with the relevant share certificate(s)) must be a Non-Qualifying Shareholderlodged with the share registrar of the Company for registration by 4:30 p.m. on the Last Day for Transfer. Shareholders with their Shares held by a nominee (or held in CCASS) should note that the Board will consider the said nominee (including HKSCC Nominees Limited) as one single Shareholder according to the The register of members of the Company and are advised will be closed from Thursday, 21 June 2018 to consider whether they would like to arrange for the registration of the relevant Shares in their own names prior to the Record DateWednesday, 27 June 2018, both days inclusive. In order to be registered as members The share registrar of the Company at the close is Computershare Hong Kong Investor Services Limited of business on the Record DateRooms 1712-1716, any relevant transfer documents (together with the relevant share certificates) must be lodged with the Registrar at Shops 1712–171600xx Xxxxx, 17th FloorXxxxxxxx Xxxxxx, Hopewell Centre, 183 Queen000 Xxxxx’s Road East, Hong Kong for registration no later than 10:00 a.m. on Tuesday, 21 July 2020Kong. It is expected that the The last day of dealings in the Shares on a cum-rights basis is Friday, 17 July 2020 and the 15 June 2018. The Shares will be dealt with on an ex-rights basis from MondayTuesday, 20 July 202019 June 2018. The Latest Time for Acceptance is expected to be 4:00 p.m. on the Final Acceptance Date. Qualifying Shareholders who take up their pro-pro rata entitlement in full will not experience suffer any dilution to their interests in the Company (except in relation to any dilution resulting from the taking up by third parties of any Rights Shares arising from the aggregation of fractional entitlements, if any). If a Qualifying Shareholder does not take up any of his/her/its entitlement in full under the Rights Issue, his/her/its proportionate shareholding in the Company will be diluted. The Company expects to send the Rights Issue Documents to the Qualifying Shareholders on or before the Posting Date. Subject to the advice of the Company’s legal advisers in the relevant jurisdiction(s) and to the extent reasonably practicable, the Company will send copies of the Prospectus to the Non-Qualifying Shareholders for their information only, but will not send any PAL or EAF to them. A copy of the Prospectus will also be made available on the respective websites of the Company (xxxx://xxx.xxxxxxxxxxxxx.xxx) and the Stock Exchange (xxx.xxxxxxxx.xx).

Appears in 1 contract

Samples: Underwriting Agreement

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