Examples of Book Runner in a sentence
Determination of Price and Offer Size for the Fixed Portion 1) Following a review of the orders received in accordance with the criteria disclosed in the preliminary prospectus, the Book Runner and the issuer shall determine the price at which the securities shall be offered to the public.2) Once the issue price is determined, the number of securities to be offered shall be determined based on the amount needed to be raised through the fixed price offer divided by the price that has been determined.
Consent Letters from the Consultant to the Issue, the Book Runner, where required, the underwriters, if any, the share registrar and ballotter, auditor, expert and legal advisor to the issue, if any.
Conditions for Clearance 1) The issuer shall appoint a Transaction Advisor as Book Runner who shall be responsiblefor the Book Building process.
Where a consortium of Book Runners is appointed, a lead Book Runner shall be identified.