Tranche 1 - 33 million Performance Rights which will vest and convert into Shares in the event that the Company's Shares trade at a volume weighted average price
of at least $0.007 for a consecutive period of at least 15 business days.
Pontifax may elect to convert the outstanding loan based on a conversion price of $8.76 per share, which is equal to 2.0 times the 30-day volume weighted average price
of Spring Bank's common stock as of the trading day immediately prior to the entry into the loan agreement.
The price of Rs1,511 per share is the weighted average of fundamentals-driven market consensus, volume weighted average price
and relative value versus market, according to an official of the Privatisation Commission.
In conjunction, the company will grant Megibow with an option to purchase 538,020 shares of its Class A common stock at an exercise price equal to the greater of the closing price of its Class A Common Stock on the Start Date or the trailing 60-day volume weighted average price
of its Class A common stock as well as an automatic grant on each of the 12, 24 and 36 month anniversaries of the Start Date of an option to purchase 179,340 shares of its Class A Common Stock at an exercise price equal to the trailing 30-day volume weighted average price
of its Class A common stock.
Summary: The bourse plans to move to auction method of determing closing prices from Volume Weighted Average Price
The per share purchase price of USD 36.00 represents a 21% premium over the 30-day volume weighted average price
per share and a 28% premium over CallidusCloud's 90-day volume weighted average price
According to the company, the subscription price has been set at SEK1.60 per share based on the volume weighted average price
of the Invuo share between 12 February 2018 and 2 March 2018.
day volume weighted average price
of P22.87 per share and a 1 percent discount from its 30-
In the first tranche, Medtronic will purchase from Mazor newly issued securities representing 4% of Mazor's issued and outstanding share capital on a fully diluted basis, at a price per share equal to the trailing 20-day volume weighted average price
of the shares, or a total of USD11.9m.
The Bonds are expected to have an annual coupon in a range of 2.75% and 3.375% payable semi-annually in arrear and to have a conversion premium of 30% to 35% over the volume weighted average price
of the Issuer's shares on the Oslo Stock Exchange (converted at the prevailing USD:NOK spot rate at closing of the market on 17 January 2014) between opening and closing of the market on 17 January 2014.
The highest price paid per share was GBP1.73, the lowest price paid per share was GBP1.7025 and the volume weighted average price
per share was GBP1.716842.