Highest Last Dealt Price definition

Highest Last Dealt Price means the highest price transacted for a Share as recorded on the market day on which there were trades in the Shares immediately preceding the day of the making of the offer pursuant to the Off-Market Purchase; and

Highest Last Dealt Price means the highest price transacted for an Ordinary Share or Preference Share (as the case may be) as recorded on the SGX-ST on the Market Day on which there were trades in the Ordinary Shares or Preference Shares immediately preceding the day of the making of the offer pursuant to the Off-Market Purchase;

Highest Last Dealt Price means the highest price transacted for a Share as recorded on the SGX-ST on the Market Day on which there were trades in the Share immediately preceding the day of the making of the offer pursuant to the Off-Market Share Purchase; and For the purpose of the definition of Highest Last Dealt Price above, “day of the making of the offer” means the day on which the Company announces its intention to make an offer for the Off- Market Share Purchase, stating the purchase price (which shall not be more than the Maximum Price calculated on the foregoing basis) for each Share and the relevant terms of the equal access scheme for effecting the Off-Market Purchase.

Examples of Highest Last Dealt Price in a sentence

• For the purposes of this illustration, the Highest Last Dealt Price is based on the highest price transacted for a Share as recorded on the SGX-ST on the Latest Practicable Date.

• Although the Listing Manual does not prescribe a maximum price in relation to purchases of shares by way of Off-Market Purchases, the Company has set a cap of 20% above the Highest Last Dealt Price of a Share as the Maximum Price for a Share to be purchased or acquired by way of an Off-Market Purchase.

• However, the purchase price to be paid for a Share as determined by the Directors must not exceed: (a) in the case of a Market Purchase, 105% of the Average Closing Price (as defined hereinafter); and (b) in the case of an Off-Market Purchase pursuant to an equal access scheme, 120% of the Highest Last Dealt Price (as defined hereinafter), (the “Maximum Price”) in either case, excluding related expenses of the purchase.

• Although the Listing Manual does not prescribe a maximum price in relation to purchases of shares by way of Off- Market Purchases, the Company has set a cap of 20% above the Highest Last Dealt Price of a Share as the Maximum Price for a Share to be purchased or acquired by way of an Off-Market Purchase.

• In the case of an Off-Market Purchase pursuant to an equal access scheme, 120% of the Highest Last Dealt Price, in either case, excluding related expenses of the purchase or acquisition.

• Some of our distributors include Ingram Micro and Tech Data, and some of our largest resellers include CDW, Dell, Insight Enterprises, Software House International, and Software Spectrum.

• However, the purchase price to be paid for the Shares pursuant to the purchases or acquisitions of the Shares must not exceed:– (a) in the case of a Market Purchase, 105% of the Average Closing Price of the Shares; and (b) in the case of an Off-Market Purchase pursuant to an equal access scheme, 120% of the Average Closing Price or Highest Last Dealt Price of the Shares, (the “Maximum Price”) in either case, excluding related expenses of the Share Purchase.

• Although the Listing Manual does not prescribe a maximum price in relation to purchase or acquisition of shares by way of an Off-Market Purchase, the Company has set a cap of 20% above the Highest Last Dealt Price of an Ordinary Share or a Preference Share (as the case may be) as the Maximum Price for an Ordinary Share or a Preference Share to be purchased or acquired by way of an Off-Market Purchase.

• However, the purchase price to be paid for a Share as determined by the Directors must not exceed:(a) in the case of a Market Purchase, one hundred and five percent (105%) of the Average Closing Price (as defined hereinafter); and(b) in the case of an Off-Market Purchase pursuant to an equal access scheme, one hundred and twenty percent (120%) of the Highest Last Dealt Price (as defined hereinafter),(the “Maximum Price”) in either case, excluding related expenses of the purchase.

• For the purposes of this illustration, the Highest Last Dealt Price is based on the highest price transacted for a Share as recorded on the SGX-ST one day prior to the Latest Practicable Date.

More Definitions of Highest Last Dealt Price

Highest Last Dealt Price means the highest price transacted for the Shares as recorded on the market day on which the Shares are transacted on the SGX-ST or, as the case may be, such stock exchange on which the Shares are listed or quoted, immediately preceding the date of the making of the offer pursuant to the Off-Market Purchase; and

Highest Last Dealt Price means the highest price transacted for a Share as recorded on the SGX-ST on the Market Day on which there were trades in the Share immediately preceding the day of the making of the offer pursuant to the Off-Market Purchase. For the purpose of the definition of “Highest Last Dealt Price” above, “day of the making of the offer” means the day on which the Company announces its intention to make an offer for the Share Purchase, stating the purchase price (which shall not be more than the Maximum Price calculated on the foregoing basis) for each Share and the relevant terms of the equal access scheme for effecting the Off-Market Purchase. 2.4 Status of purchased Shares 2.4.1 Any Share purchased or acquired by the Company is deemed cancelled immediately on purchase or acquisition (and all rights and privileges attached to that Share will expire on such cancellation) unless such Share is purchased or acquired to be held, and is held by the Company as a Treasury Share. Where Shares purchased or acquired are cancelled and not held as Treasury Shares, the issued share capital of the Company will be diminished by the aggregate nominal value of such Shares purchased or acquired by the Company. This shall not be taken as reducing the Company’s authorised share capital. 2.4.2 Any Shares purchased or acquired by the Company (and not held as Treasury Shares by the Company) and cancelled will be automatically de-listed by the SGX-ST and (where applicable) all certificates in respect thereof will be cancelled and destroyed by the Company as soon as reasonably practicable following the settlement of any such purchase. 2.4.3 Treasury Shares