4% to the theoretical ex-rights price
(TERP) being $2.
The indicative issue price of 10 sen per rights share is a discount of about 33 per cent to the theoretical ex-rights price
of its shares of 15 sen based on its closing price of 61 sen per share on July 24, 2015.
The value of the equity consideration for Skrill is EUR 135m (USD 146m), based on the theoretical ex-rights price
of the rights issue, which together with the cash consideration and the net debt of Skrill as at 31 December 2014 of EUR 256m (USD 277m) gives an enterprise valuation of Skrill of approximately EUR 1.
The Reference Price is the theoretical ex-rights price
calculated on Pricing Date having regard to the gross proceeds to be raised and the Volume-Weighted Average Price of an ordinary share of DMPL for trades on the PSE and the Singapore Exchange Securities Trading Limited, for a period of five market days prior to and including the Pricing Date," DMPL explained.
5% to the theoretical ex-rights price
based on the share's closing price on the CSE on October 31.
79 pence from its official closing price on Wednesday but above the share's theoretical ex-rights price
As per the rules and regulations of the Dubai Financial Market, Arabtec shares will trade, as of 29 May 2013, at the Ex-Rights price
, said a media statement.
ii) The yield-adjusted theoretical ex-rights price
per share at rights discounts of both 25 per cent and 40 per cent (four marks).
00 per share (subject to certain adjustments), which reflects a premium of 28% to the theoretical ex-rights price
of the Entitlement Offer of A$1.
The subscription price corresponds to a discount of some 35% to the theoretical ex-rights price
(TERP), based on the share's closing
17 percent discount to theoretical ex-rights price
, or TERP, based on Friday's closing share price of EUR1.
The analysts see a 28% downside to the theoretical ex-rights price
, or TERP, of EUR 13.