Examples of Offer Conversion in a sentence
Voluntary Corporate Action Events- Rights Issue- Tender Offer- Conversion /warrants exercise- Proxy VotingJP Morgan/ by Bank of Ayudhya, as ASPS’s Global Custodian, is responsible for Corporate Action Events.
Subject to the Company being re-admitted to the Official List of the ASX some of the Shares, including those issued under the Vendor Offer, Creditor Offer, Conversion Offer, Director Offer and the Facilitation Offer, are likely to be classified by the ASX as restricted securities and will be required to be held in escrow for between 12 and 24 months.
In a short unannounced inspection such as this, opportunities for checking outcomes with prisoners are limited.
If for any reason the transfer of the Transfer Shares by the Chargor to the Company is not effected on the Scheme Effective Date (or, if the Offer Conversion has occurred, the Unconditional Date), the Chargor shall promptly redeliver the Title Documents in relation to the Transfer Shares to the Security Agent in accordance with Clause 8.1 above.
Conversion Price:The Convertible Loans may be converted at the Lenders’ election into up to 20,000,000 Shares (excluding accrued interest which may also be capitalised and paid out in Shares) at a conversion price of the lesser of $0.015 and the issue price of New Shares under the Rights Issue Offer (Conversion Shares) together with up to 15,000,000 Options (exercisable at 1.5 cents per share on or before 30 June 2014) (Conversion Options), being 3 Conversion Options for every 4 Conversion Shares issued.
If for any reason the transfer of the Transfer Shares by the Chargor to the Company is not effected on the Scheme Effective Date (or, if the Offer Conversion has occurred, the Unconditional Date), the Chargor shall promptly redeliver the Title Documents in relation to the Transfer Shares to the Security Agent in accordance with Clause 7.1 above.
The see-through price for each Offer Conversion Share is HK$0.037 and which is the same price as the Conversion Price of HK$0.037 per Conversion Share.
Monday, 14 December Share certificates for Offer Conversion Shares to be posted.
A Preferred Shareholder may elect by written notice to the Company to convert the Preferred Shares held by itself and its Affiliates on a Cash Offer Conversion at any time following the announcement of a Cash Offer.
The UWPD officers swiftly arrested eleven of the protesters, and then six more who attempted to disrupt the arrests by throwing themselves under the squad cars.