Examples of Selling Shareholders in a sentence
The Selling Shareholders will offer for sale of 48,000,000 Offer Shares representing approximately 8.3% of our enlarged issued share capital at the IPO Price by way of private placement to selected investors.
The determination of the Price Band is based on various factors and assumptions, and will be determined by our Company and the Selling Shareholders in consultation with the BRLM.
The total gross proceeds from the Offer for Sale amounting up to RM[•] million will accrue entirely to our Selling Shareholders.
The fees and expenses relating to Issue shall be shared in proportion mutually agreed between our Company and the respective Selling Shareholders in accordance with applicable law.
Fresh Issue The details of the proceeds of the Fresh Issue are summarized below:(₹ in lakhs)ParticularsAmountGross Proceeds from the Fresh Issue[●]Less: Issue related expenses*[●]Net Proceeds of the Fresh Issue[●]*Except for the Listing fees and Market making fees, which will be borne by our Company, all other expenses relating to the Issue as mentioned above will be borne by our Company and the Selling Shareholders in proportion to the Equity Shares contributed / issued in the issue.