Share Premium Account

Share Premium Account. Shall mean an amount equal to (i) the excess of (A) the aggregate subscription proceeds received by the Company in respect of the offerings of all classes of its Ordinary Shares and preferred shares after giving effect to any placement or subscription fees, but without taking into account any other fees and expenses of the Company relating to such offerings over (B) the aggregate par value of all of the Company's issued Ordinary and preferred shares regardless of class, minus (ii) the aggregate... reductions made to the Company's share premium account due to distributions previously made to holders of the Company's shares. View More