Examples of New A Shares in a sentence
It is expected that Admission will become effective and unconditional dealings in the New A Shares will commence on the London Stock Exchange on or about 6 May 2011, on the Prague Stock Exchange on or about 6 May 2011 and on the Warsaw Stock Exchange on or about 9 May 2011.
Upon exercise of the relevant A Warrants, CFR will issue New A Shares that will be deposited with the Depositary.
Accordingly, the New A Shares are not being and may not be (unless an exemption under relevant securities laws is available) offered, sold, resold or delivered, directly or indirectly, in or into any Restricted Jurisdiction or any other jurisdiction if to do so would constitute a violation of the relevant laws of, or require registration thereof, in such jurisdiction or to, or for the account or benefit of, any person or resident of any Restricted Jurisdiction.
Ranking of New A Shares and New H Shares to be Issued under the Proposed Share Issuance and Lock-up Period The new A Shares to be issued pursuant to the A Share Issuance will rank, upon issue, pari passu in all respects with the A Shares in issue at the time of issue and allotment of such new A Shares, except that the new A Shares to be issued to CSAH are subject to a lock-up period of 36 months.
This could reduce the effective maturity of a collateralized mortgage obligation and cause the Funds to reinvest their assets at a lower prevailing interest rate.
Upon the Offer becoming or being declared wholly unconditional, the share capital of New NWR will be divided into New A Shares and New B Shares which will represent the Mining Division and the Real Estate Division, respectively, to the extent the Existing A Shares and the Existing B Shares are held by New NWR.
Following Admission, the Directors will have the same beneficial interests in New A Shares as they did in Existing A Shares prior to Admission.
Furthermore, the Share Subscription involves the subscription of New A Shares by Mr. Guo Wei and Mr. Yan Guorong (as one of the Asset Trustors), who are connected persons of the Company under the Listing Rules by virtue of them being Directors, the Transaction therefore constitutes a connected transaction of the Company pursuant to Chapter 14A of the Listing Rules.
In that event, transfer of New A Shares will not be made until after the acceptance and/or instruction to accept is entirely in order or the relevant share certificate(s) and/or other document(s) of title or indemnities satisfactory to New NWR have been received by the UK or Czech Receiving Agent or the relevant Polish brokerage houses or banks.
The New A Shares and the New B Shares will initially be issued with a nominal value of EUR 7.00 per New A Share or New B Share (as applicable).