Benchmarked Price definition

Benchmarked Price means the higher of:

Benchmarked Price means the price which is the higher of:

Benchmarked Price means the higher of (a) the closing price on the date of the relevant placing agreement or other agreement involving the proposed issue of securities under the general mandate to be approved under this resolution; and (b) the average closing price in the 5 trading days immediately prior to the earlier of: (i) the date of announcement of the placing or the proposed transaction or arrangement involving the proposed issue of securities under the general mandate to be approved under this resolution; (ii) the date of the placing agreement or other agreement involving the proposed issue of securities under the general mandate to be approved under this resolution; and (iii) the date on which the placing or subscription price is fixed.

Examples of Benchmarked Price in a sentence

• In relation to the general mandate referred to in Resolution (5) in the Notice, an Ordinary Resolution was passed at the AGM held on 8 May 2020 giving a general mandate to the Directors to issue up to five per cent (5%) of the total number of shares of the Company in issue and any shares of the Company to be allotted and issued pursuant to this general mandate shall not be at a discount of more than ten per cent (10%) to the Benchmarked Price of such shares of the Company.

• In relation to the general mandate referred to in Resolution (5) in the Notice, an Ordinary Resolution was passed at the Annual General Meeting held on 8 May 2014 giving a general mandate to the Directors to issue up to five per cent of the share capital of the Company in issue and any shares of the Company to be allotted and issued pursuant to this general mandate shall not be at a discount of more than ten per cent of the Benchmarked Price of such shares of the Company.

• Shareholders should note that the terms of the existing Issuance Mandate are more restrictive than the requirements of the Listing Rules, which permit a general mandate granted to the directors to issue shares to not exceed 20% of the total issued share capital of the company and an issue price which does not represent a discount of more than 20% to the Benchmarked Price of the shares of the company.

• Nonetheless, given that the Theoretical Diluted Price of HK$0.688 is the same as the Benchmarked Price of HK$0.688 instead of a discount, the Rights Issue would not result in theoretical dilution effect (as defined under Rule 7.27B of the Listing Rules) in terms of value of Shares held by the Qualifying Shareholders who elect not to take up their respective entitlements in full.

• Clients should expect those providing nursing care to act in their best interests and respect their dignity.

More Definitions of Benchmarked Price

Benchmarked Price means the higher of: (a) the closing price on the date of the relevant placing agreement or other agreement involving the proposed issue of securities under the Share Issue Mandate; and (b) the average closing price in the 5 trading days immediately prior to the earlier of: (i) the date of announcement of the placing or the proposed transaction or arrangement involving the proposed issue of securities under the Share Issue Mandate; (ii) the date of the placing agreement or other agreement involving the proposed issue of securities under the Share Issue Mandate; and (iii) the date on which the placing or subscription price is fixed.”

Benchmarked Price. ’ means the higher of:

Benchmarked Price. ’ means the price which is the higher of:

Benchmarked Price means a price calculated in accordance with

Benchmarked Price means a price demonstrated to the reasonable satisfaction of the Authority to be arrived at on the basis of an objective and like for like comparison by comparing the quality and price of the Works or Services in question, and the quality and price of equivalent works or services by reputable organisations possessing the appropriate expertise; “Bid Date” means 7 October 2009;

Benchmarked Price is defined in Section 8.7.3(b)(2) of this Agreement.

Benchmarked Price means the higher of:-