Option Offer definition

Option Offer means the appropriate partial offer to be made by the Offeror to the holders of the Share Options to cancel such number of outstanding Share Options representing 51.8% of the outstanding Share Options as at the Final Closing Date pursuant to Rule 13 of the Takeovers Code;

Option Offer means the proposal to be made by the Offeror in compliance with Rule 13 of the Takeovers Code to cancel all the outstanding Options in accordance with the terms and conditions set out in this announcement;

Option Offer means any offer of any Option(s) under this plan to an Eligible Person;

Examples of Option Offer in a sentence

• BRAND LICENCE AGREEMENTS On 25 March 2021 (after trading hours), in connection with the Partial Offer and the Option Offer, each of the Company and KE Thailand entered into the respective Brand Licence Agreements.

• On 25 March 2021 (after trading hours), in connection with the Partial Offer and the Option Offer, KE Thailand also entered into the KE Thailand Brand Licence Agreement with Kuok Registrations Limited.

• TAIWAN BUSINESS SALE AGREEMENT On 25 March 2021 (after trading hours), in connection with the Partial Offer and the Option Offer, the Company and Xxxxx Logistics Services Limited, a wholly-owned subsidiary of the Company, entered into the Taiwan Business Sale Agreement to sell the Company’s interests in certain Taiwan business.

• To the extent that the outstanding Options have not otherwise lapsed, been cancelled or exercised, the Offeror will make (or procure to be made on its behalf) the Option Offer to the Optionholders to cancel every vested and unvested outstanding Option (regardless of whether they are exercisable on, before or after the Record Date) in accordance with Rule 13 of the Takeovers Code, subject to the Scheme becoming effective.

• The Independent Board Committee, which comprises all non-executive Directors who are not interested in the Proposal, namely, Mr. Xxxx Xx, Xx. Xxx Xxxxx, Mr. Xx Xxxxxxx Xxx Xxxxx and Xx. Xxx Jianjun, has been established by the Board to make a recommendation to (i) the Independent Shareholders as to whether the terms of the Proposal are, or are not, fair and reasonable and as to voting and (ii) the Optionholders as to its views on acceptance of the Option Offer.

More Definitions of Option Offer

Option Offer. ’ means the voluntary conditional cash offer for cancellation of the Peoples Options at the consideration of HK$1.00 per Peoples Option (other than those already owned by the Offeror, CMHK or other parties acting in concert with them);

Option Offer means the conditional voluntary general cash offer by BofAML and

Option Offer. ’ means the appropriate offer to be made by the Offeror to the

Option Offer means the pre-conditional voluntary general cash offer by BofAML on behalf of the Offeror to cancel all outstanding Options and all unvested Awards in accordance with the terms and conditions set out in this announcement, and any subsequent revision or extension of such offer;

Option Offer means the cash offer by Citigroup, on behalf of the Offeror, to the ERA Optionholders to cancel their Options, as described in the section headed “The Share Offer and the Option Offer – Offer to ERA Optionholders” of the letter from Citigroup in this Composite Document;

Option Offer has the meaning ascribed thereto in Section 2.6.6.

Option Offer the cash offer to be made by or on behalf of the Offeror to the Optionholders for the cancellation of all outstanding Options in accordance with the Takeovers Code