Examples of New Shares in a sentence
The New Shares will be issued at the lowest issue price of approximately EUR 2.56 per New Share (Is- xxx Xxxxx).
Convergenta has agreed in accordance with the Resolution to contribute the C/M Shares to the Company in return for issuance of the New Shares from the Capital Increase, issuance of the Convert- ible Bonds and payment of the Cash Consideration by way of a mixed contribution in kind.
Conver- genta Invest GmbH, having its registered office in Bad Wiessee and registered with the commercial register of the local court of Munich (Amtsgericht München) under HR B 188629 (Convergenta) was exclusively admitted to subscribe for the New Shares.
In addi- tion to the issuance of the New Shares and Convertible Bonds, the Company is required to make a cash payment in a total amount of EUR 130,000,000.00 to Convergenta, payable in two tranches (Cash Consideration) as consideration for the contribution of the C/M Shares.
In these cases, the Calculation Agent will add New Share/s to the Basket to substitute the Share/s affected by Nationalization, Insolvency or Delisting (the “Affected Share/s”), according to the Substitution Method, in order to maintain the same number of Basket components.