Warrant Exercise Ratio definition
Examples of Warrant Exercise Ratio in a sentence
Any Warrants holder exercising its rights may subscribe to a number of Shares, which is calculated by multiplying the Warrant Exercise Ratio in effect at such time by the number of the Warrants exercised.
Offering Price Date of Issuance and offering : 0.00 THB (zero THB) : May 8, 2013 Offering price Last Exercise Date Terms of Warrant Exercise Ratio : In the last business day before Expiry date of warrants that will be on May 6, 2014 : 1 year from the date of issuance and offering of Warrants (The Issuance and offering date is on May 8, 2013.
Any subsequent adjustments will be carried out on the basis of such newly calculated and rounded Warrant Exercise Ratio.
In the event of an adjustment carried out in accordance with conditions 1 to 9 below, the new Warrant Exercise Ratio will be determined to three decimal places and rounded to the nearest 1000th (0.0005 being rounded up to the next highest 1000th).
The new Warrant Exercise Ratio shall be determined by adjusting the Warrant Exercise Ratio in effect before such event by the exchange ratio of the Issuer’s Shares against the shares of the acquiring or new company or companies resulting from any division or spin-off.
Each Warrant will give right to one (1) Share (the "Warrant Exercise Ratio") subject to any adjustment made in accordance with Paragraph 7 of this Schedule 6.
In the event of the distribution by the Issuer of reserves in cash or in kind or a share premium, the new Warrant Exercise Ratio will be determined by multiplying the Warrant Exercise Ratio in effect prior to the relevant transaction by the following formula: For the purposes of calculating this formula, the value of the Shares before distribution will be determined on the basis of the weighted average of the prices on Alternext over the last three (3) Trading Days before the distribution.