allotment

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Allotment

The number of securities assigned to each of the participants in an underwriting syndicate.

Allotment

In underwriting, the portion of an IPO that each underwriting firm in a syndicate receives or buys. Each firm has the responsibility to place its allotment with investors.

allotment

Securities apportioned to members of an underwriting syndicate for resale to investors.

allotment

the allocation of shares by directors of a company to intending shareholders who have made applications for new shares. In the event of a new SHARE ISSUE being oversubscribed (i.e. more applications for shares than the number being issued), then the company must use some formula to allocate shares among applicants. Often this involves granting applicants for small blocks of shares the full number of shares applied for, while applicants for large blocks of shares may be granted only a proportion of the numbers they applied for, or, in the event of a ballot, receive none at all if unsuccessful.
References in periodicals archive ?
Councillor John O'Shea, cabinet member for street scene and parks at Birmingham City Council, said: "We've always known that allotments play an important role in the fabric of city life.
All members of the public are invited to visit the allotments on the respective open days to see the range of allotments being cultivated and to talk with allotmenteers about what they are growing, find out good growing tips and to hear about what it's like to cultivate an allotment.
"We have been telling them for two years that our allotments were statutory and that we had proof, and they ignored us.
Plot allotments in the Governorate of North Batinah rose by 144.3 per cent to 513, while it declined by 28.4 per cent in the Governorate of South Batinah to 3,003 during the five-month period under review.
There were hopes the allotments would be reopened after a clean-up but the matter has still not been resolved.
| Find details of open days and events at nsalg.org.uk and on the National Allotments Week Facebook page facebook.com/nationalallotmentsweek/
On some Liverpool allotments, the waiting list can be as long as 18 months - but each allotment is different and it might be the case that you get one much quicker.
CDA has issued notification regarding restoration of allotments of plots and constituted the committee comprising officials of Land, Estate, Finance and Planing for implementation of transparency in this regard.
Temporary inspector Chris Stoddart from Thornaby Neighbourhood Policing Team, who is leading the operation, said: "Theft, burglary and criminal damage are continuing problems at allotments and our assistance in handing out free padlocks and alarms gives officers and cadets the opportunity to improve awareness amongst allotment holders of the vulnerabilities the allotment sites have."
So what are the benefits of allotments? According to the National Allotments Garden Trust and the National Society of Allotment and Leisure Gardeners, there are lots.
In January 2014, the department published allotment disposal guidance: safeguards and alternatives replacing the previous guidance from 2002.