New Ordinary Shares definition

New Ordinary Shares means the new Ordinary Shares arising on Conversion of the C Shares;

New Ordinary Shares means, together, the Placing Shares, the Subscription Shares and the Open Offer Shares;

New Ordinary Shares has the meaning given in recital (A) of this agreement;

Examples of New Ordinary Shares in a sentence

• No Shareholder will be entitled to a fraction of a New Ordinary Share and instead any such entitlement will be rounded down to the nearest whole number of New Ordinary Shares.

• The New Ordinary Shares will represent, respectively, approximately 6.0% of the Company’s issued ordinary share capital following Admission.For the Fundraising to proceed, the Company requires Shareholders’ approval to authorise the Directors to allot the New Ordinary Shares and disapply preemption rights in relation to the issue of the New Ordinary Shares.

• The New Ordinary Shares will represent approximately 6.0 per cent.

• The Fundraise is conditional on, among other things, Molten Shareholders approving the issue of the New Ordinary Shares at a discount to the last reported NAV per Molten Share (the "Molten Resolution") at a general meeting to be convened at 10.00 a.m. on 14 December 2023.

• The Directors do not currently have authority to allot all of the New Ordinary Shares and, accordingly, the Board is seeking the approval of Shareholders to allot the New Ordinary Shares at the General Meeting.

More Definitions of New Ordinary Shares

New Ordinary Shares means the Equity Interests in Reorganized Venator to be issued on the Plan Effective Date in accordance with the Plan.

New Ordinary Shares means the ordinary shares of £0.05 each subscribed for and issued to the Investor pursuant to the Original Subscription and Shareholders Agreement and as detailed in column 2 of Schedule 2;

New Ordinary Shares means the new Ordinary Shares to be issued by the Company

New Ordinary Shares means the 175,378,450 new ordinary shares of £0.01 each in the capital of the Company to be issued in connection with the arrangements described in the Circular;

New Ordinary Shares means the 175,378,450 new ordinary shares of £0.01 each in the capital of the Company to be issued in connection with the arrangements described in the circular of the Company proposed to published on or around 6 December 2019. This agreement is conditional on, and shall take effect upon, Admission becoming effective and confirms the main terms and conditions of your appointment to this office. If Admission has not taken place on or before 31 December 2019, this agreement shall lapse and you shall not be appointed as a non-executive director of the Company unless otherwise appointed.

New Ordinary Shares means any new Company Ordinary Shares that have been or are to be converted from Class B Shares into Company Ordinary Shares in accordance with Section 20 of the Articles of Association.

New Ordinary Shares means new Ordinary Shares arising on Conversion of the C Shares which, when issued, shall rank pari passu in all respects and form a single class with the Existing Ordinary Shares.