Examples of Second Admission in a sentence
Application for admission to trading Application will be made to the London Stock Exchange for First Admission and Second Admission.
That agreement is subject to certain customary carve-outs agreed between the Bookrunner and the Company.Application for admission to tradingApplication will be made to the London Stock Exchange for First Admission and Second Admission.
RBC is entitled, in certain limited circumstances, to terminate the Placing Agreement prior to Second Admission and to the payment of outstanding expenses on such termination.
It is expected that Second Admission will become effective and that dealings for normal settlement in the Proposed Placing Shares will commence at 8.00 a.m. on 23 March 2015.The Placing Shares will, when issued, rank pari passu in all respects with the Existing Ordinary Shares, including the right to receive dividends and other distributions declared following Admission.
Following completion of the Placing and Second Admission, IFC will hold approximately 15.5 per cent.
The Warrants will be freely transferable and issued in registered form, with the register of Warrants kept by the Company or its appointed agent.Following First Admission and Second Admission, warrant certificates, representing the relevant number of Warrants to be issued to Placees, are expected to be despatched by post, within 14 days of Admission, at the relevant Placee’s sole risk.The Warrants will be constituted by the Warrant Instruments.
It is expected that, subject to the passing of the Resolutions at the General Meeting, settlement of the Second Tranche Placing Shares will take place within two trading days after the General Meeting and that the Second Admission will become effective following the Second Resale Registration Statement having been filed with the SEC (which is expected to be within 45 days of Second Closing) and become effective and that dealings in the Second Tranche Placing Shares will commence at that time.
The Placing Agreement contains customary undertakings and warranties given by the Company to the Bookrunner including as to the accuracy of information contained in this Announcement and to be contained in the placing documents, to matters relating to the Company and its business and a customary indemnity given by the Company to the Bookrunner in respect of liabilities arising out of or in connection with the Placing, the First Admission and/or Second Admission (if applicable).
The warranties, indemnities, undertakings, agreements, and provisions contained in this Agreement shall remain in full force and effect notwithstanding completion of the Placing, First Admission and/or Second Admission for either of them.
The Warrant may be exercised at any time during the period of 3 years from the date of issue (being the time of First Admission or Second Admission, as applicable).