Specific Mandate definition

Specific Mandate means the specific mandate to be sought at the EGM to grant the authority to the Board for the allotment and issue of the Subscription Shares, the Conversion Shares and/or the Settlement Shares from the Independent Shareholders;

Specific Mandate means the specific mandate to be granted by the Independent

Specific Mandate the specific mandate for the allotment and issue of the Subscription Shares to be granted to the directors of the Company at the EGM.

Examples of Specific Mandate in a sentence

• Under the Creditors’ Scheme and subject to the terms thereof, inter alia, the Creditors’ Scheme will be funded by (i) proceeds from the Subscription in the amount of HK$45,000,000, (ii) 377,879,793 Scheme Shares to be allotted and issued by the Company under the Specific Mandate, which the Scheme Creditors may elect to receive as Shares or proceeds of the sale therefrom, and (iii) the proceeds from the proposed disposal of Scheme Assets.

• Such Specific Mandate is effective until the end of the Company's annual general meeting in 2024 or if earlier, the close of business on 2 August 2024, and is in addition to any general mandate to allot Ordinary Shares granted by the shareholders at the 2023 annual general meeting of the Company.

• THE EGM The EGM will be held for the purpose of considering and, if thought fit, approving the Subscription, the Subscription Agreement, the allotment and issue of the Subscription Shares pursuant to the Specific Mandate and the transactions contemplated thereunder.

• All Subscription Shares will be allotted and issued under the Specific Mandate which is also subject to the Shareholders’ approval at the EGM.

• The Specific Mandate is also independent of any use of the ECAT1 Securities specific mandates granted at the Company's previous annual general meetings.

More Definitions of Specific Mandate

Specific Mandate the special mandate to be granted by the Shareholders to the Directors at the SGM for the allotment and issue of the Subscription Shares

Specific Mandate means the proposed specific mandate enabling the Company to allot, issue

Specific Mandate. ’ means the specific mandate to be sought from the

Specific Mandate means the specific mandate, which may be granted to the directors of the Issuer pursuant to a resolution of the shareholders to be passed in a general meeting of the Issuer, for the allotment and issue of such number of Issuer Shares when the Conversion Rights are exercised in full.

Specific Mandate. ’ means the specific mandate to be granted to the Directors by

Specific Mandate the specific mandate to be sought from the Independent Shareholders for the allotment and issuance of Consideration Shares;

Specific Mandate means the specific mandate for the allotment and issue