Examples of ZAR in a sentence
Each Right will entitle the holder to subscribe for one Common Share of the Company upon payment of the subscription price of $0.32 or ZAR 3.77136 (based on the Applicable Exchange Rate as defined in the Rights Offering Circular) per Common Share (the “Basic Subscription Privilege”).
The following must be noted:All prices must be VAT inclusive and must be quoted in South African Rand (ZAR).
The consideration to be paid by Eland to the Company consists of $1,363 (ZAR 20,000), the assumption of the rehabilitation obligation and the assumption (in November 2019) of the care and maintenance costs (the “Purchase Price”) payable on closing upon giving effect to the transfers of legal title.
All prices must be VAT inclusive and must be quoted in South African Rand (ZAR).
For purposes of this placing, investors will be invited by the Company to subscribe for up to 22 000 000 of its new shares at ZAR 9.64 per share.