RESUMPTION OF TRADING IN THE SHARES Clause Samples

The 'Resumption of Trading in the Shares' clause defines the conditions and procedures under which trading of a company's shares, previously suspended, may recommence on the relevant stock exchange. Typically, this clause outlines the requirements that must be met—such as regulatory approvals, public disclosures, or rectification of issues that led to the suspension—before trading can resume. Its core practical function is to provide a clear framework for restoring normal market activity, thereby ensuring transparency and protecting the interests of shareholders and the market as a whole.
RESUMPTION OF TRADING IN THE SHARES. At the request of the Company, trading in the Shares on the Stock Exchange was halted with effect from 9:00 a.m. on 29 November 2024 pending the issue of this announcement. An application has been made by the Company to the Stock Exchange for resumption of trading in the Shares on the Stock Exchange with effect from 9:00 a.m. on 5 December 2024.
RESUMPTION OF TRADING IN THE SHARES. Trading in the Shares has been suspended with effect from 9:30 a.m. on 4 October 2010 pending the release of this announcement. Applications have been made to the Stock Exchange for the resumption of trading in the Shares with effect from 9:30 a.m. on 14 October, 2010.
RESUMPTION OF TRADING IN THE SHARES. At the request of the Company, trading in the Shares on the Stock Exchange has been suspended from 9:00 a.m. on 28 May 2012 pending the publication of this announcement. Application has been made by the Company to the Stock Exchange for resumption of trading in the Shares with effect from 9:00 a.m. on 7 June 2012. The Board is pleased to announce that on 25 May 2012 (after trading hours of the Stock Exchange), the Purchaser entered into the Agreement with the Vendor regarding the Acquisition. Pursuant to the Agreement, the Purchaser has conditionally agreed to acquire for and the Vendor has conditionally agreed to dispose of the Sale Shares and the Sale Loan at the Consideration of HK$850 million. Upon Completion, the Company will be ultimately beneficially interested in the entire issued share capital of the Target Company. Set out below are the principal terms of the Agreement: 25 May 2012 The Purchaser, an indirect wholly-owned subsidiary of the Company. ▇▇. ▇▇▇▇ ▇▇▇▇▇▇▇ (洪舜堯), being the sole shareholder and director of the Target Company. To the best of the Directors’ knowledge, information and belief having made all reasonable enquiries, (i) the Vendor and his associates are Independent Third Parties; (ii) the Vendor and his associates did not hold any Shares or other convertible securities in the Company as at the date of the Agreement; and (iii) there was no previous transaction or business relationship between the Company and the Vendor or his associates which would result in aggregation under Rule 14.22 of the Listing Rules. Pursuant to the Agreement, the Purchaser has conditionally agreed to acquire for and the Vendor has conditionally agreed to dispose of the Sale Shares and the Sale Loan at the Consideration. The Sale Shares represent the entire issued share capital of the Target Company. The Sale Loan represents the entire amount of the shareholder’s loan owing by the Target Company to the Vendor on the Completion Date. Such amount of shareholder’s loan, which will be subject to change, amounts to approximately HK$182.4 million as at the date of this announcement. The shareholding structure of the Target Group is included under the section headed “Shareholding charts” of this announcement. Detailed information on the Target Group is included under the section headed “Information on the Target Group” of this announcement. Pursuant to the Agreement, the Consideration of HK$850 million (the consideration for the Sale Loan shall be the face value ...
RESUMPTION OF TRADING IN THE SHARES. OF THE COMPANY
RESUMPTION OF TRADING IN THE SHARES. Trading in the Shares on the Stock Exchange was suspended from 9:00 a.m. on 12 February 2015 pending the issue and publication of an announcement relating to, among other things, the proposed Disposal. An application has been made by the Company to the Stock Exchange for the resumption of trading in the Shares on the Stock Exchange with effect from 9:00 a.m. on Thursday, 21 May 2015. Reference is made to: (a) the announcement of the Company dated 9 February 2015; (b) the announcement of the Company dated 12 February 2015 in relation to the suspension of trading in the shares of the Company; (c) the announcement of the Company dated 27 February 2015 in relation to the update on suspension of trading and inside information; (d) the announcement of the Company dated 9 March 2015 on the monthly progress update pursuant to Rule 3.7 of the Takeovers Code; (e) the announcement of the Company dated 9 April 2015 on the monthly progress update pursuant to Rule 3.7 of the Takeovers Code;
RESUMPTION OF TRADING IN THE SHARES. At the request of the Company, trading of the Shares on the Stock Exchange was suspended with effect from 9:30 a.m. on 29 October 2010 pending the issue of an announcement relating to a proposed very substantial acquisition involving, among other things, issues of new shares and convertible bonds of the Company, which are price-sensitive in nature. An application has been made to the Stock Exchange for resumption of trading of the Shares with effect from 9:30 a.m. on 21 December 2010. Reference is made to the announcement of the Company dated 20 July 2010 with respect to Concord Ocean, a wholly-owned subsidiary of the Company, entering into the Letter of Intent with the Target Companies in relation to the proposed acquisition of the entire interests in the BVI Company which is in turn interested in the Coal Mines and the Coal Washing Plants in Shanxi Province of the PRC and the announcement of the Company dated 29 October 2010 with respect to the suspension of the trading of the Shares pending the issue of an announcement relating to a proposed very substantial acquisition involving, among others, the issue of new Shares and convertible bonds by the Company.
RESUMPTION OF TRADING IN THE SHARES. Trading in the Shares on the Stock Exchange was suspended from 9:00 a.m. on 12 February 2015 pending the issue and publication of an announcement relating to, among other things, the proposed Disposal. An application has been made by the Company to the Stock Exchange for the resumption of trading in the Shares on the Stock Exchange with effect from 9:00 a.m. on Thursday, 21 May 2015. In this announcement, the following expressions have the meanings set out below unless the context requires otherwise:
RESUMPTION OF TRADING IN THE SHARES. Trading in the Shares on the GEM was suspended with effect from 9:30 a.m. on 10 May 2010 at the request of the Company pending the release of this announcement. Application has been made by the Company to the Stock Exchange for the resumption of trading in the Shares on the GEM with effect from 9:30 a.m. on 12 May 2010. 7 May 2010, after trading hours Vendor : The Company Purchaser : Power Link Fortune Limited The registered and beneficial owners of the Purchaser are the majority shareholders of City Honour, which is the registered and beneficial owner of 50% equity interest in Macau Co. To the best of the Directors’ knowledge, information and belief and having made all reasonable enquiries, the Purchaser and its ultimate beneficial owners are Independent Third Parties. Pursuant to the terms and conditions of the Agreement, the Company has conditionally agreed to sell and assign, and the Purchaser has conditionally agreed to purchase and accept the assignment of, the Sale Share and the Sale Loan. The Sale Share represents the entire issued share capital of Fortune Gate and the Sale Loan represents the entire amount of shareholder’s loan owing from Fortune Gate to the Company as at Completion. As at the date of the Agreement (but before the Reorganisation), Fortune Gate was indebted to the Company for approximately HK$257 million. As at the date of the Agreement, Fortune Gate is the registered and beneficial owner of 40% equity interest in Macau Co which in turn is the registered and beneficial owner of the Property which comprises the Development. Macau Co is the Group’s associated company. Pursuant to the Agreement, the Transaction Consideration of HK$1,830 million (subject to adjustments as provided in the Agreement) shall be paid by the Purchaser to the Company by way of cash in the following manner:–
RESUMPTION OF TRADING IN THE SHARES. The Share Sale Agreement Mandatory unconditional cash offer

Related to RESUMPTION OF TRADING IN THE SHARES

  • RESUMPTION OF TRADING Trading in the Shares was suspended from 9:30 a.m. on 4 November 2009 pending the release of this announcement. Application has been made to the Stock Exchange for the resumption of trading in the Shares from 9:30 a.m. on 11 November 2009.

  • Limitation of Transactions So long as any Capital Securities remain outstanding, if (a) there shall have occurred and be continuing an Event of Default or a Declaration Event of Default or (b) the Guarantor shall have selected an Extension Period as provided in the Declaration and such period, or any extension thereof, shall have commenced and be continuing, then the Guarantor shall not and shall not permit any Affiliate to (x) declare or pay any dividends or distributions on, or redeem, purchase, acquire, or make a liquidation payment with respect to, any of the Guarantor’s or such Affiliate’s capital stock (other than payments of dividends or distributions to the Guarantor) or make any guarantee payments with respect to the foregoing or (y) make any payment of principal of or interest or premium, if any, on or repay, repurchase or redeem any debt securities of the Guarantor or any Affiliate that rank pari passu in all respects with or junior in interest to the Debentures (other than, with respect to clauses (x) and (y) above, (i) repurchases, redemptions or other acquisitions of shares of capital stock of the Guarantor in connection with any employment contract, benefit plan or other similar arrangement with or for the benefit of one or more employees, officers, directors or consultants, in connection with a dividend reinvestment or stockholder stock purchase plan or in connection with the issuance of capital stock of the Guarantor (or securities convertible into or exercisable for such capital stock) as consideration in an acquisition transaction entered into prior to the occurrence of the Event of Default, Declaration Event of Default or Extension Period, as applicable, (ii) as a result of any exchange or conversion of any class or series of the Guarantor’s capital stock (or any capital stock of a subsidiary of the Guarantor) for any class or series of the Guarantor’s capital stock or of any class or series of the Guarantor’s indebtedness for any class or series of the Guarantor’s capital stock, (iii) the purchase of fractional interests in shares of the Guarantor’s capital stock pursuant to the conversion or exchange provisions of such capital stock or the security being converted or exchanged, (iv) any declaration of a dividend in connection with any stockholders’ rights plan, or the issuance of rights, stock or other property under any stockholders’ rights plan, or the redemption or repurchase of rights pursuant thereto, (v) any dividend in the form of stock, warrants, options or other rights where the dividend stock or the stock issuable upon exercise of such warrants, options or other rights is the same stock as that on which the dividend is being paid or ranks pari passu with or junior to such stock and any cash payments in lieu of fractional shares issued in connection therewith, or (vi) payments under this Guarantee).

  • No Suspensions of Trading in Common Stock; Listing Trading in the Common Stock shall not have been suspended by the Commission or any Trading Market (except for any suspensions of trading of not more than one Trading Day solely to permit dissemination of material information regarding the Company) at any time since the date of execution of this Agreement, and the Common Stock shall have been at all times since such date listed for trading on a Trading Market;

  • No Suspension of Trading in or Notice of Delisting of Common Stock Trading in the Common Stock shall not have been suspended by the Commission, the Trading Market or the FINRA (except for any suspension of trading of limited duration agreed to by the Company, which suspension shall be terminated prior to the Commencement Date), the Company shall not have received any final and non-appealable notice that the listing or quotation of the Common Stock on the Trading Market shall be terminated on a date certain (unless, prior to such date certain, the Common Stock is listed or quoted on any other Eligible Market), nor shall there have been imposed any suspension of, or restriction on, accepting additional deposits of the Common Stock, electronic trading or book-entry services by DTC with respect to the Common Stock that is continuing, the Company shall not have received any notice from DTC to the effect that a suspension of, or restriction on, accepting additional deposits of the Common Stock, electronic trading or book-entry services by DTC with respect to the Common Stock is being imposed or is contemplated (unless, prior to such suspension or restriction, DTC shall have notified the Company in writing that DTC has determined not to impose any such suspension or restriction).

  • No Suspensions of Trading in Common Stock The Common Stock shall not have been suspended, as of the Closing Date, by the Commission or the Principal Trading Market from trading on the Principal Trading Market nor shall suspension by the Commission or the Principal Trading Market have been threatened, as of the Closing Date, either (A) in writing by the Commission or the Principal Trading Market or (B) by falling below the minimum listing maintenance requirements of the Principal Trading Market.