Final Offer Price definition
Examples of Final Offer Price in a sentence
In addition, under the International Underwriting Agreement , CIMC Vehicles has granted to the International Underwriters the Over-allotment Option pursuant to which CIMC Vehicles may be required to allot and issue up to an aggregate of 39,750,000 additional CIMC Vehicles H Shares, representing no more than 15% of the CIMC Vehicles H Shares initially available under the Global Offering, at the Final Offer Price to cover over-allocations in the International Offering, if any.
If the Global Offering proceeds at the Final Offer Price of HK$6.38 per CIMC Vehicles H Share, the market capitalisation of CIMC Vehicles immediately following completion of the Global Offering will be approximately HK$11,260.70 million (assuming the Over-allotment Option is not exercised).
The Final Offer Price for the CIMC Vehicles H Shares in the Global Offering is HK$6.38 per CIMC Vehicles H Share (exclusive of brokerage of 1.0%, SFC transaction levy of 0.0027% and the Stock Exchange trading fee of 0.005%).
The Offeror shall then be entitled to sell all or any part of the Offer Shares to any third party at a price which is not lower than the Final Offer Price, upon similar terms and conditions offered to the Offerees.