KLN Shares definition

KLN Shares means the ordinary shares of par value of HK$0.50 each in the share capital of KLN;
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Examples of KLN Shares in a sentence

  • The number of KLN Shares tendered by the Company into the Partial Offer which is validly accepted by the Offeror, in turn, is dependent on the number of KLN Shares tendered into the Partial Offer by other shareholders of KLN.

  • For the avoidance of doubt, nothing in the Participation Agreement requires every KLN Controlling Shareholder to enter into the Controlling Shareholders Irrevocable Undertakings provided that the aggregate number of KLN Shares which are the subject of the Controlling Shareholders Irrevocable Undertakings is 575,545,164 KLN Shares.

  • If the sale price of the KLN Shares pursuant to the Placing Agreement(s) is the minimum sale price of HK$16.92 per KLN Share, the maximum amount of gross proceeds for scenario (2) will be approximately HK$6,577 million.

  • The KLN Shares have broadly outperformed the HSI since August, 2020, reaching a peak on 20 November 2020 at HK$18.18.

  • The business arrangements stated in the Shareholders’ Agreement are only valid as so far as (1) the Offeror Parent Group and (2) Kerry Holdings and the Company (and their respective associated companies) legally and beneficially holds not less than 50% and 30%, respectively, of the KLN Shares.

  • Of the 352 hotel bedrooms proposed, 18 of these are due to be fully accessible by wheelchair users (representing 5% provision).

  • Immediately following the Final Closing Date, if and to the extent the number of KLN Shares held by the public comprise less than 15.0% of the total issued KLN Shares, the Company would proceed with the Proposed Placing, and will not, at that time, be able to seek the approval of the Independent Shareholders as may be required under Chapters 14 and 14A of the Listing Rules.

  • As illustrated by the chart above, the price movement of KLN Shares have generally mirrored the HSI from January 2019 to July 2020.

  • It is the Offeror’s intention to hold the majority shareholding in KLN, which is just over 50% of the KLN Shares.

  • The percentage has been compiled based on the total number of KLN Shares in issue as at the Latest Practicable Date (i.e. 1,798,978,042 ordinary shares).

Related to KLN Shares

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Sold Shares shall have the meaning specified in Section 6.

  • Common Shares means the common shares in the capital of the Company;

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • Initial Shares means a number of Registrable Securities equal to the lesser of (i) the total number of Registrable Securities and (ii) one-third of the number of issued and outstanding shares of Common Stock that are held by non-affiliates of the Company on the day immediately prior to the filing date of the Initial Registration Statement.

  • Newco Shares means the common shares in the capital of Newco;

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Purchased Stock means a right to purchase Common Stock granted pursuant to Article IV of the Plan.

  • Amalco Shares means common shares in the capital of Amalco;

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Acquired Shares has the meaning set forth in the Recitals.

  • Relevant Shares means ordinary share capital of the Approved Entity that constitutes equity share capital or the equivalent (or depositary or other receipts representing the same) which is listed and admitted to trading on a Regulated Market.

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Option Stock shall have the meaning set forth in Section 2(a) hereof.

  • Subco Shares means the common shares in the capital of Subco;

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Unit Shares means the Common Shares comprising part of the Units;

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.