Examples of Holdco Ordinary Shares in a sentence
As of the close of trading on February 1, 2016, the market price of Holdco Ordinary Shares was $137.68 per share.
In addition, on November 9, 2021, (1) members of management of Perimeter (collectively, the “Management Subscribers” and together with the EverArc Subscribers, the “PIPE Subscribers”) purchased an aggregate of 1,104,810 Holdco Ordinary Shares at $10.00 per share and (2) two of the Company’s directors (the “Director Subscribers”) purchased an aggregate of 200,000 Holdco Ordinary Shares (the “Director Shares”) at $10.00 per share.
If the Scheme becomes effective, Orchid will receive from Holdco HK$800,177,865.95 in cash, 18,398,834 Holdco Ordinary Shares and 1,226,594,403 Holdco Preference Shares.
If a Holdco Shareholder holds both Holdco Ordinary Shares and Holdco Preference Shares, such Holdco Ordinary Shares may only be transferred if (and no transfer will be permitted unless) there is also a transfer of a proportionate number of such Holdco Shareholder’s Holdco Preference Shares (and vice versa) so that the ratio of that Holdco Shareholder’s Holdco Ordinary Shares to Holdco Preference Shares remains unchanged after the transfer.
In the event that any such appointing Holdco Shareholder(s) ceases to hold a shareholding block of 11% of the Holdco Ordinary Shares in issue, such appointing Holdco Shareholder(s) shall procure the resignation of the relevant Holdco Director.