Placing Letters definition
Examples of Placing Letters in a sentence
PLACING the proposed placing by CRT and Peel ▇▇▇▇ of the Subscription Units in accordance with the terms of this Agreement, the Placing Letters and the other Placing Documents and as described in the Admission Document.
The Company authorises Dowgate to give to the Registrars any instructions consistent with this Agreement and the Placing Letters which Dowgate considers are necessary for, or reasonably incidental to, the Placing, the Open Offer, AQSE Admission, the Delisting or otherwise giving effect to this Agreement.
Placing Letters: the letters in the agreed form to be issued by the Broker to prospective Placees confirming their acceptance of the offer to subscribe for the Placing Shares and the accompanying letter of confirmation to be completed by Placees.
PLACING The Company authorises Hoare Govett to arrange for Placing Letters together, at Hoare Govett's discretion, with copies of the Press Announcement to be despatched on 30 April 1999 to such persons (other than the Vendors) as Hoare Govett in its absolute discretion thinks fit (including to no more than twenty Qualified Institutional Buyers, subject to clause 4.4 below) for the purpose of arranging the Placing on the terms and conditions set out in the Placing Letters.
The forms of acceptance accompanying the Placing Letters shall contain a confirmation by the placee, inter alia, that it is able to give the confirmations, representations and warranties set out in Part VIII of the Admission Document (which includes confirmation to the effect that the applicable rate of stamp duty reserve tax or stamp duty on the transfer to it of the Placing Shares will be at the rate of 1 per cent.