Examples of Completion Consideration Shares in a sentence
An application will be made by the Company to the Listing Committee of the Stock Exchange for the listing of, and permission to deal in, the Completion Consideration Shares.
THE COMPLETION CONSIDERATION SHARES AND THE GENERAL MANDATE The Completion Consideration Shares to be allotted and issued by the Company, assuming there will not be any issue or repurchase of Shares prior to Completion, will represent (i) approximately 1.22% of the existing issued share capital of the Company as at the date of this announcement and(ii) approximately 1.20% of the issued share capital of the Company as enlarged by the allotment and issue of the Completion Consideration Shares.
In addition, Oliver Rigby has been granted options over 406,016 Ordinary Shares.** 224,974 of these Ordinary Shares are Completion Consideration Shares issued by way of consideration pursuant to the terms of the Not Binary SPA and 1,978,020 of these Ordinary Shares are Completion Consideration Shares issued by way of consideration pursuant to the terms of the Questers SPA.
The Completion Consideration Shares, when allotted and issued, shall rank pari passu in all respects with the Shares of the Company in issue at the time of allotment and issue of the Completion Consideration Shares, including the right to receive all dividends, distributions and other payments made or to be made, on the record date which falls on or after the date of such allotment and issuance.
Our next two analyses for occupational and sectoral impacts offer help to interpret these patterns.
The Completion Consideration Shares will be issued under the General Mandate.
Accordingly, the allotment and issue of the Completion Consideration Shares is within the limit of the General Mandate and is not subject to the approval of the Shareholders.
Under the Supplemental Agreement, it is agreed that the moratorium undertakings of Xxxxxx Xxxxxx, GS and ME will only apply to the Completion Consideration Shares allotted and issued to them on Completion, and will not apply to the Additional Consideration Shares allotted and issued to them on the Relevant Date.
For further information refer to section 2.1 of this Explanatory Statement.Summary of other material terms of the agreement under which the Completion Consideration Shares will be issuedRefer to section 2.1 of this Explanatory Statement for a summary of the material terms of the Cooperation Deed.
The Company does not currently have sufficient placement capacity under Listing Rule 7.1 to issue the Completion Consideration Shares or the Earn-out Shares contemplated under Resolutions 1 and 2.