Examples of KBC Peel Hunt in a sentence
Some branches are/will be closed, while, inter alia, Antwerp Diamond Bank, KBC Bank Deutschland, KBC Finance Ireland, KBC Financial Products and KBC Peel Hunt are planned for divestment (some of which were already realised), and the international credit portfolio outside the home markets is being scaled down.
The necessary amounts (175 million EUR) were recognised to cover the maximum potential net cost of these irregularities.During 2010, a number of merchant bank activities and subsidiaries were sold, including KBC Peel Hunt (management buy-out), KBC Business Capital, KBC Securities Baltic Investment Company (management buy-out), as well a number of activities of KBC Financial Products.
Eligible KBC Peel Hunt staff members have obtained options on KBC Group NV shares instead of KBC Peel Hunt Ltd.
In 2010, a number of divestment transactions were carried out, including the divestiment of, inter alia, the U.S. reverse mortgage portfolio, the Japanese cash equity operations, the U.S. life settlement portfolio, the convertible bond and Asian equity derivatives businesses of KBC Financial Products, KBC Peel Hunt, British and Irish activities of KBC Asset Management, KBC Securities Baltic Investment Company, KBC Business Capital and Secura (subsidiary of KBC Insurance, a sister company of KBC Bank).
The Company has indemnified KBC Peel Hunt against all losses, costs, charges and expenses which KBC Peel Hunt may suffer or incur as a result of or attributable to the carrying out of its duties under the Placing and Admission Agreement.
And, like other communities, residents of informal settlements want to be involved in improving their living conditions and in demanding accountability from government.Government’s policy is to upgrade informal settlements, but progress is slow.
The Placing and Admission Agreement provides, inter alia, for the payment by the Company to KBC Peel Hunt (whether or not the Placing and Admission Agreement becomes unconditional) of a commission of2.75 per cent.
KBC Peel Hunt, as the holder of all the Heritage Warrants, intends to exercise all the Heritage Warrants upon the Offer becoming or being declared unconditional in all respects and to accept the Offer in respect of all the resulting Heritage Shares.
Vendor sale agreementsUnder agreements (the “Agreements”) made between KBC Peel Hunt and D Dicken, S Dicken, M Gilbert, C Mansfield, Rupert Hambro & Partners Limited, P Fellows, S Livingstone, J Griffiths, D Dace, Avanti Capital plc, K Knight, E Knight, Yorkshire Fund Managers, N Spence-Jones, Quester VCT plc and M Greenall (the “Vendors”) dated 4 June 2004, KBC Peel Hunt has agreed to use reasonable endeavours to procure purchasers for 3,749,492 existing Ordinary Shares pursuant to the Placing.
Under the agreement, Heritage agreed to pay the costs of the placing and gave KBC Peel Hunt certain warranties relating to the Heritage Group and an indemnity to KBC Peel Hunt and its affiliates in respect of certain liabilities and claims that may arise or be made against them in connection with the placing.