UK Placing definition
Examples of UK Placing in a sentence
Subject to receipt by it of the documents referred to in Part I and Part II of Schedule 1 and any other information that Nomura, acting reasonably, may request from the Company and any of its professional advisers in connection with Admission, the UK Placing or the Open Offer, Nomura shall prepare the documents (for which the Company shall be primarily responsible) referred to in Part 4 of Schedule 1.
The foregoing includes, without limitation, any such action, suit proceeding or investigation that questions the validity of this Agreement or the U.K. Placing and U.K. Open Offer or the right of the Company to execute, deliver and perform its obligations under this Agreement.
Each Purchaser acknowledges and agrees that Nomura and the Company shall have absolute discretion as to the amendment, modification or waiver of any provision of the U.K. Placing Agreement so long as the number of Units underwritten is not less than 11,360,578 and the Issue Price is not reduced, and the Company and Nomura shall have no obligation to consult with any Purchaser and shall have no liability to any Purchaser in relation to the exercise of such discretion.
The number of Underwritten Units notified to Nomura as not having been taken up (and calculated in accordance with clause 6.5 above) together with the UK Firm Placed Units are referred to in this Agreement as the Final UK Placing Units.