Examples of Offeror Shares in a sentence
KKPL has an interest in 8 Offeror Shares, representing 80 per cent.
SMPL has an interest in 2 Offeror Shares, representing 20 per cent.
Fractions of Offeror Shares are to be rounded up to the nearest whole number.
The Offeror Shares to be issued under the Share Offer will be issued free from all encumbrances, credited as fully-paid, non-assessable, and will rank pari passu with all issued shares in the Offeror, including the Subscriber Share, including the right to receive in full all dividends and other distributions, if any, declared, made or paid on or after the date of their issue.
For the avoidance of doubt, as KTPL is a related corporation of the Offeror, Shares which are held by KTPL will not count towards the Compulsory Acquisition Threshold.