Examples of Placing Price in a sentence
The Top-up Placing Price was determined with reference to the prevailing market price of the WYT Share and was negotiated on an arm’s length basis between the Vendor, WYT and the Placing Agent on the date of the Top-up Placing and Subscription Agreement.
The aggregate nominal value of the Top-up Subscription Shares will be HK$5,860,000.Top-up Subscription Price: HK$0.186 per Top-up Subscription Share, which is equivalent to the Top-up Placing Price.
Accordingly, the Directors consider that the terms of the Share Placing Agreement (including the Share Placing Price and placing commission) are fair and reasonable and that the Share Placing is in the interests of the Company and the Shareholders as a whole.
Share Placing commissionSubject to the Share Placing Completion having taken place, the Company shall pay to the Placing Agent a placing commission, in Hong Kong dollars, which shall be equivalent to 3% of the aggregate amount of the Share Placing Price multiplied by the number of the Placing Shares placed during the Share Placing Period.
Pursuant to the exercise of the Over-allotment option, 49,115,000 additional Shares (the “Over-allotment Shares”) will be allotted and issued by the Company at HK$2.80 per Share (excluding brokerage fee of 1%, SFC transaction levy of 0.003% and Stock Exchange trading fee of 0.005% (collectively, the “Prescribed Fees”)), being the Placing Price under the Placing.