Rights Issues. If prior to an exercise of an Option, but after the issue of the Option, any offer or invitation is made by the Company to at least all the holders of Shares resident in Australia for the subscription for cash with respect to Shares, options or other securities of the Company on a pro rata basis relative to those holders’ shareholding at the time of the offer, the Options Exercise Price will be reduced as specified in the Listing Rules in relation to pro-rata issues (except bonus issues).
Appears in 3 contracts
Samples: Convertible Securities Agreement (G Medical Innovations Holdings Ltd.), Convertible Securities Agreement (G Medical Innovations Holdings Ltd.), Convertible Securities Agreement (G Medical Innovations Holdings Ltd.)
Rights Issues. If If, prior to an exercise of an Option, but after the issue of the Option, any offer or invitation is made by the Company to at least all the holders of Shares resident in Australia for the subscription for cash with respect to Shares, options or other securities of the Company on a pro rata basis relative to those holders’ shareholding Share holding at the time of the offer, the Options Option Exercise Price will shall be reduced as specified in the Listing Rules in relation to pro-rata issues (except bonus issues).
Appears in 2 contracts
Samples: Convertible Loan Agreement, Convertible Loan Agreement (Prima BioMed LTD)
