Rights Offer Shares definition

Rights Offer Shares has the meaning given in Section 5.6(a).
Sample 1
Rights Offer Shares. The approximately 1,345,139,558 Econet Wireless Zimbabwe Limited Shares (comprising of 1,082,088,944 Ordinary Shares and 263,050,614 Class A Shares), each of which shall be linked to a Debenture, to be offered by Econet Wireless Zimbabwe Limited to Econet Wireless Zimbabwe Limited’s shareholders registered as such on the Record Date in terms of Rights Offer and at an offer price of 5 US Cents per share;
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Rights Offer Shares has the meaning given in Section 6.20(c).
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Examples of Rights Offer Shares in a sentence

  • Rights Offer Shares will not be allotted in the name of an estate or a trust.

  • The table of entitlement illustrating the number of Rights Offer Shares to which Qualifying Shareholders will be entitled is set out in Annexure 1 to this Circular.

  • The Enclosed Form of Instruction reflects the Rights Offer Shares for which the Certificated Shareholder is entitled to subscribe.

  • The whole number of Rights to subscribe for Rights Offer Shares to which Qualifying Shareholders will become entitled will be determined by the Ratio of Entitlement.

  • The right to apply for additional Rights Offer Shares is transferable on renunciation.

  • The Rights Offer Shares have not been and will not be registered under the Securities Act of the United States of America.

  • Kindly note that this relates only to the subscription for Rights Offer Shares and not for the sale thereof.

  • Accordingly, the Rights Offer Shares may not be offered, sold, resold, delivered or transferred, directly or indirectly, in or into the United States or to, or for the account or benefit of, United States persons, except pursuant to exemptions from the Securities Act.

  • If you are the person(s) in whose name(s) this Form of Instruction was issued and wish to subscribe for all the Rights Offer Shares allocated to you, complete the applicable blocks as stated above.

  • If you are the person(s) in whose favour this Form of Instruction has been renounced and you wish to subscribe for the Rights Offer Shares, complete the applicable blocks as stated above as well as Form C of this Form of Instruction.


More Definitions of Rights Offer Shares

Rights Offer Shares means 357,142,857 Shares under the terms of the Rights Offer; “Securities Services Act” means the Securities Services Act, 2004 (Act 36 of 2004) of South Africa;
Sample 1
Rights Offer Shares means the 5 714 286 New Ordinary Shares, which are the subject of the Rights Offer; “Rights Offer Share Price” means the price per Rights Offer Share to be offered to Qualifying Shareholders in terms of the Rights Offer being R175.00 per Rights Offer Share, which has been determined on the basis set out in this Circular; “SARB” means the South African Reserve Bank; “SBSA” means The Standard Bank of South Africa Limited (Registration number 1962/000738/06), a public company incorporated with limited liability in accord- ance with the laws of South Africa (acting through its Corporate And Investment Banking Division); “Securities” means the securities of Nampak referred to in this Circular, being Nampak Shares; “SENS” means the Stock Exchange News Service of the JSE; “South Africa” or “SA” means the Republic of South Africa; “Strate” means Strate Proprietary Limited (Registration number 1998/022242/07), a private company incorporated with limited liability in accordance with the laws of South Africa, which is licensed as a registered central securities depositary under the Financial Markets Act responsible for the electronic custody and settlement system for transactions that take place on the JSE and off-market trades; “STT” means securities transfer tax; “Transfer Secretaries” means Computershare Investor Services Proprietary Limited (Registration number 2004/003647/07), a private company duly incorporated in accordance with the laws of South Africa, being Nampak’s transfer secretaries; “Treasury Shares” means 175 097 Ordinary Shares held by Nampak Products Limited; “Underwriters” means Coronation, A2 and Numus; “Underwriting Agreements” means the Coronation Underwriting Agreement, A2 Underwriting Agreement and Numus Underwriting Agreement; “United States” or “US” means the United States of America, its territories and possessions, any state of the United States and the District of Columbia; “US Securities Act” means the US Securities Act of 1933, as amended from time to time; “US$” or “US Dollar” or “USD” means the United States dollar, the lawful currency of the United States; “VAT” means value-added tax in terms of the South African Value-Added Tax Act, No. 89 of 1991, as amended from time to time; and “ZWL” means Zimbabwean dollars.
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Rights Offer Shares means 228,571,376 Shares, including, for the avoidance of doubt, the Firm
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Related to Rights Offer Shares

  • Rights Offering Shares means, collectively, the shares of New Common Stock issued in the Rights Offering.

  • Offer Shares shall have the meaning ascribed to it in Section 2.4.1.

  • Offered Shares has the meaning set forth in Section 3.02(a).

  • Offering Shares means the shares of Common Stock issued to the Purchasers pursuant to the Subscription Agreements, and any shares of Common Stock issued or issuable with respect to such shares upon any stock split, dividend or other distribution, recapitalization or similar event with respect to the foregoing.

  • Rights Offering has the meaning set forth in Section 4.1(b);

  • Remaining Shares shall have the meaning set forth in Section 2.03(a).

  • Transfer Shares has the meaning ascribed to such term in Section 6.2(a)

  • New Securities means, collectively, equity securities of the Company, whether or not currently authorized, as well as rights, options, or warrants to purchase such equity securities, or securities of any type whatsoever that are, or may become, convertible or exchangeable into or exercisable for such equity securities.

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Put Right has the meaning set forth in Section 8.05(a).

  • Unsubscribed Shares means the Rights Offering Shares that have not been duly purchased by the Rights Offering Participants in accordance with the Rights Offering Procedures and the Plan.

  • Tag or “RFID tag” means the unique identification number or Radio Frequency Identification (RFID) issued to a licensee by the agency for tracking, identifying and verifying marihuana plants, marihuana products, and packages of marihuana product in the statewide monitoring system.

  • notice shares means, in relation to a notice of dissent, the shares in respect of which dissent is being exercised under the notice of dissent;

  • Undersubscription Notice means written notice from an Investor notifying the Company and the selling Key Holder that such Investor intends to exercise its option to purchase all or any portion of the Transfer Stock not purchased pursuant to the Right of First Refusal or the Secondary Refusal Right.

  • pre-emptive offer means an offer of equity securities open for acceptance for a period fixed by the Directors to holders (other than the Company) on the register on a record date fixed by the Directors of ordinary shares in proportion to their respective holdings but subject to such exclusions or other arrangements as the Directors may deem necessary or expedient in relation to treasury shares, fractional entitlements, record dates or legal, regulatory or practical problems in, or under the laws of, any territory;

  • Company Securities has the meaning set forth in Section 3.02(b)(ii).

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Returning Shares means shares subject to outstanding stock awards granted under the Prior Plan and that following the Effective Date: (A) are not issued because such stock award or any portion thereof expires or otherwise terminates without all of the shares covered by such stock award having been issued; (B) are not issued because such stock award or any portion thereof is settled in cash; (C) are forfeited back to or repurchased by the Company because of the failure to meet a contingency or condition required for the vesting of such shares; (D) are withheld or reacquired to satisfy the exercise, strike or purchase price; or (E) are withheld or reacquired to satisfy a tax withholding obligation.

  • Demand Exercise Notice has the meaning set forth in Section 2.1(a).

  • Scheme Shares means the Target Shares which are subject to the Scheme in accordance with its terms.

  • Available Shares means the sum of (i) one hundred fifty thousand (150,000) shares of Common Stock, and (ii) an annual increase on April 1st of each calendar year, beginning in 2022 and ending in 2031 (each a “Date of Determination”), in each case subject to the approval and determination of the Administrator on or prior to the applicable Date of Determination, equal to the lesser of (A) four percent (4%) of the total shares of Common Stock of the Company outstanding on the last day of the immediately preceding fiscal year and (B) such smaller number of shares as determined by the Administrator (the “Share Limit”). Notwithstanding the foregoing, shares added to the Available Shares by the Share Limit are available for issuance as Incentive Stock Options only to the extent that making such shares available for issuance as Incentive Stock Options would not cause any Incentive Stock Option to cease to qualify as such. In the event that the Administrator shall not take action to affirmatively approve an increase in the Share Limit on or prior to the applicable Date of Determination, the Share Limit and Available Shares, shall remain at such level as they were prior to such applicable Date of Determination. For clarity, the Available Shares is a limitation on the number of shares of Common Stock that may be issued pursuant to the Plan.

  • Offering Notice shall have the meaning set out in Section 3.1;

  • Preemptive Right has the meaning set forth in Section 5.1 hereof.

  • Company Shares means the common shares in the capital of the Company;

  • Sale Shares shall have the meaning given to it in Recital (B);

  • Public Shares means the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.