Examples of Capital Increase in a sentence
The transaction contemplated under the Capital Increase Agreement constitutes a connected transaction of the Company.
Since the highest applicable percentage ratio (as defined under Rule 14.07 of the Listing Rules) in respect of the transaction contemplated under the Capital Increase Agreement, when aggregated with the Previous Transactions, is more than 0.1% but less than 5%, the transaction contemplated under the Capital Increase Agreement is subject to the reporting and announcement requirements under Chapter 14A of the Listing Rules, but is exempt from the independent Shareholders’ approval requirement.
Since the highest applicable percentage ratio (as defined in Rule 14.07 of the Listing Rules) in respect of the transaction contemplated under the Capital Increase Agreement, when aggregated with the Previous Transactions, is less than 5%, the transaction contemplated under the Capital Increase Agreement does not constitute a discloseable transaction under Chapter 14 of the Listing Rules.
Pursuant to Rules 14.22 and 14A.81 of the Listing Rules, the transaction contemplated under the Capital Increase Agreement should be aggregated with the Previous Transactions and treated as if they were one transaction.
In order to avoid the perception of a conflict of interest, Mr. Xxx Xxxx has abstained from voting on the Board resolutions in relation to the Acquisition (including the Sale and Purchase Agreement, the Capital Increase Agreement and the Concert Party Agreement and the transactions contemplated thereunder).