PUBLIC OFFERS Clausole campione
PUBLIC OFFERS. Offer Price: The Issue Price (of which a maximum total amount of 1.50% is represented by commissions payable to the Authorised Offerors). The Offer of the Notes is conditional on their issue. The Issuer reserves the right to withdraw the Offer and cancel the issuance of the Notes at any time before 07.59 on the second open market day immediately preceding the Issue Date in the case that (i) any extraordinary changes in the economic and political situation or in the capital, currency and exchange rates markets, either at a national or international level, or (ii) any change, or any development or event involving a prospective change, in the condition (financial or otherwise), business, properties or results of operations of the Issuer and its subsidiaries which, in the judgment of the Issuer, is material and adverse and makes it impractical or inadvisable to proceed with completion of the distribution or the payment for the Notes, will have occurred. The Issuer will inform the public of the withdrawal of the Offer and the cancelation of the issuance of the Notes by means of a notice to be sent to Borsa Italiana and published on the website http:// ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇. For the avoidance of doubt, if any contract has been entered into on behalf of a potential investor and the Issuer exercises such a right, each such potential investor will not be entitled to receive the relevant Notes. The Issuer reserves the right to increase the amount of Securities to be issued over USD 100,000,000 during the Offer Period but in any case within the open market day before the Offer Period’s closure date. The Issuer will inform the public of the increase of the issuance’s size by means of a notice to be sent to Borsa Italiana and published on the website ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇. The Issuer will also publish a revised version of these Final Terms including the increased number and amount of Securities to be issued on the website ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇. In any case, the Dealer will cease to display sell orders on the MOT Market as soon as the Notes have been distributed for an amount of USD 100,000,000 and will start again to display sell orders on the MOT Market at the date and time indicated in the notice relating to the increase of the issuance’s size. The Issuer will determine the final amount of Notes issued up to a limit of USD 100,000,000 – save as provided above – also depending on the number of the buy orders transmitted to t...
PUBLIC OFFERS. Not Applicable
PUBLIC OFFERS. This paragraph applies only in respect of any offer of Notes made in any Member State of the European Economic Area which has implemented the Prospectus Directive (each, a Relevant Member State), where such offer is not made pursuant to an exemption under the Prospectus Directive, as implemented in that Relevant Member State, from the requirement to publish a prospectus for offers of Notes. - Offer Period: From and including 2 November 2009 to and including 23 November in the Republic of Italy, provided that, the Issuer reserves the right to close the Offer Period prior to its stated expiry for any reason. - Offer Price: The Notes will be offered at the Issue Price (of which up to 2.50% of the aggregate nominal amount is represented by commissions paid to the Distributor), increased by fees, if any, as mentioned below. - Conditions to which the offer is subject: The offer of the Notes is conditional on their issue and on any additional conditions set out in the standard terms of business of the Financial Intermediaries, notified to investors by the relevant Financial Intermediary. The Issuer reserves the right to withdraw the offer and cancel the issuance of the Notes for any reason at any time on or prior to the Issue Date. For the avoidance of doubt, if any application has been made by a potential investor and the Issuer exercises such right, no potential investor shall be entitled to subscribe or otherwise acquire the Notes. - Description of the application process: Any application for subscription of the Notes shall be made in the Republic of Italy during the Offer Period through the Distributor: Banca Popolare dell'▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇/▇▇, ▇▇▇▇▇▇, The Republic of Italy The applications can be made in accordance with the Distributor’s usual procedures. Prospective investors will not be required to enter into any contractual arrangements directly with the Issuer or the Placement Coordinator in relation to the subscription for the Notes. - Details of the minimum and/or maximum amount of application: The minimum amount of application per investor will be EUR 1,000 in nominal amount of the Notes. The maximum amount of application of Notes will be subject only to availability at the time of the application. There are no pre-identified allotment criteria. The Distributor will adopt allotment criteria that ensure equal treatment of prospective investors. All of the Notes requested through the Distributor during the Offer Period will be allocated up ...