Examples of Placing Letters in a sentence
The terms and conditions of this Part 9 will, where applicable, be deemed to be incorporated into any such Placing Letters.
Monies received from applicants pursuant to the Placing will be held in accordance with the terms of the Placing Letters issued by Smith & Williamson Corporate Finance Limited.
Henderson and Lansdowne have agreed under the terms of the Placing Letters to subscribe for the maximum number of Open Offer Shares at the Placing Price, subject to clawback, on an equal basis.The Open Offer has been structured such that the maximum amount that can be raised by the Company under the Open Offer will not exceed the sterling equivalent of €5 million.
The Placing Shares are not being offered generally and no applications have or will be accepted other than under the terms of the Placing Agreements and the Placing Letters.
The period within which placing participants may be accepted pursuant to the Placing and arrangements for the payment and holding of subscription moneys pending Admission are set out in the Placing Letters.