Granted Securities definition

Granted Securities means those B Ordinary Shares which were acquired in exchange for granted B ordinary shares in Active Hotels Limited which the relevant B Ordinary Shareholder originally subscribed for at a price of 0.1 pence per share or those B1 Ordinary Shares acquired by the relevant B1 Ordinary Shareholder;
Granted Securities means those B Ordinary Shares which were acquired in exchange for granted B ordinary shares in Active Hotels Limited which the relevant B Ordinary Shareholder originally subscribed for at a price of 0.1 pence per share;
Granted Securities means B Ordinary Shares which have been subscribed at a price of 0.1 pence per share;