Placing Shares definition

Placing Shares means the 32,313,130 Shares to be issued by the Company pursuant to the Placing;
Placing Shares has the meaning given to it in Clause 2.1;
Placing Shares means the up to 7,944,800 new Ordinary Shares to be issued by the Company pursuant to the Placing;

Examples of Placing Shares in a sentence

GENERAL The Placing is not subject to Shareholders’ approval as the Placing Shares will be issued under the General Mandate.

The maximum aggregate nominal value of the Placing Shares under the Placing will be HK$36,000,000.

Huatai Financial Holdings (Hong Kong) Limited The Placing Haitong and Huatai have agreed to act as the placing agents of the Company and on a best effort basis, to procure Placees to subscribe for up to an aggregate of 289,546,000 Placing Shares, and Haitong has agreed to, on a fully-underwritten basis, to subscribe for or procure Placees to subscribe for 70,454,000 Placing Shares, at the Placing Price of HK$2.20 per Placing Share.

Application will be made by the Company to the Listing Committee of the Stock Exchange for the grant of the listing of, and permission to deal in, the Placing Shares.

Assuming all the Placing Shares are placed, it is estimated that the gross proceeds from the Placing will be HK$792.0 million and the net proceeds, after deducting the placing fee and other costs and expenses, will be approximately HK$779.0 million, representing a net placing price of approximately HK$2.16 per Placing Share.


More Definitions of Placing Shares

Placing Shares means such number of new Ordinary Shares which will be established by the Bookbuild and set out in the executed Term Sheet;
Placing Shares means such number of Ordinary Shares to be allotted and issued pursuant to the Capital Raise, calculated in accordance with the following formula:where:
Placing Shares means the 34,883,720 new Ordinary Shares to be issued to certain investors who have agreed to subscribe for such Ordinary Shares under the Placing;
Placing Shares means the ordinary shares of 1p each in the capital of Tepnel to be issued under the terms of the Placing;
Placing Shares means the Subscription Shares and the Sale Shares;
Placing Shares means the 1,323,200 new Common Shares proposed to be issued by the Company to Placees pursuant to the Placing;
Placing Shares means approximately 20 million New Shares that the Company is seeking to issue in the Proposed Placing;