Capitalisation Shares definition

Capitalisation Shares. Means Shares not distributing dividends;

Capitalisation Shares means the Elective Capitalisation Shares or Non- Elective Capitalisation Shares, as the context dictates;

Capitalisation Shares means the Elective Capitalisation Shares or Non­ Elective Capitalisation Shares, as the context dictates;1.3.17. "CCMA" means the Commission for Conciliation, Mediation and Arbitration established in terms of the LRA;1.3.18. "Charter" means any transformation charters issued under sections 9 and/or 12 of the B-BBEE Act or other charter of general application to the Company and/or Sasol (or relevant parts thereof);1.3.19. "Codes" mean the Codes of Good Practice on Broad-Based Black Economic Empowerment promulgated as regulations in terms of the 8-BBEE Act;1.3.20. "Companies Act" means the Companies Act, 71 of 2008;1.3.21. "Company" means Sasol South Africa Limited, a public limited liability company with registration number: 1968/013914/06, duly incorporated in accordance with the laws of the Republic of South Africa;1.3.22. "Consideration Assets" means those assets, other than cash, offered as consideration by an Offeror as contemplated in clauses 12 or 21;

Examples of Capitalisation Shares in a sentence

• New Hope consents for all purposes to the issue of the Capitalisation Shares to Agria Group pursuant to this Agreement.

• Agria Group agrees to subscribe for the Additional Shares, which subscription is in addition to Agria Group subscribing for the Capitalisation Shares.

• Subject to clause 6.5, following receipt by the Company of the Subscription Price for the Additional Shares in accordance with clause 6.3, the Company shall enter the name of Agria Group in the share register of the Company as the holder of the Capitalisation Shares and the Additional Shares and may issue a share certificate for those shares to Agria Group.

• Until payment in full of the Acquisition Price of the Scheme Shares to which such Rights Issue or Capitalisation Shares attach and of the price of the Rights Issue Shares, such Rights Issue or Capitalisation Shares shall be deemed to be Scheme Shares and shall also be subject to the pre-emption provisions referred to in Part V of the Schedule, the Put and Call Option (if applicable) and to the provisions of the Security Agreement executed by such Beneficiary.

• A Beneficiary shall be entitled to participate in any Rights Issue in respect of his Reserved Shares (including those which are the subject matter of an Option) and all Capitalisation Shares linked thereto, as if the Acquisition Price of those Scheme Shares was at the Record Date already paid in full.

More Definitions of Capitalisation Shares

Capitalisation Shares means a capitalisation shares of no par value issuedat one Euro each and initially designated as "Capitalisation Shares" which entitle the holders to attend and vote at general meetings of the ICAV as provided for in this Instrument but not to participate in the profits and assets of the ICAV except for a return of paid up capital on a winding-up, as more fully described in Clause 6 of this Instrument;

Capitalisation Shares means the Elective Capitalisation Shares or Non-Elective Capitalisation Shares, as the context dictates;

Capitalisation Shares. : means the aggregate of 22,374,343,660 duly authorised, validly

Capitalisation Shares means the capitalisation shares of no par value to be issued at €1.00

Capitalisation Shares means the Elective Capitalisation Shares or Non­ Elective Capitalisation Shares, as the context dictates; 1.3.17. "CCMA" means the Commission for Conciliation, Mediation and Arbitration established in terms of the LRA; 1.3.18. "Charter" means any transformation charters issued under sections 9 and/or 12 of the B-BBEE Act or other charter of general application to the Company and/or Sasol (or relevant parts thereof); 1.3.19. "Codes" mean the Codes of Good Practice on Broad-Based Black Economic Empowerment promulgated as regulations in terms of the B-BBEE Act; 1.3.20. "Companies Act" means the Companies Act, 71 of 2008; 1.3.21. "Company" means Sasol South Africa Limited, a public limited liability company with registration number: 1968/013914/06, duly incorporated in accordance with the laws of the Republic of South Africa; 1.3.22. "Consideration Assets" means those assets, other than cash, offered as consideration by an Offeror as contemplated in clauses 12 or 21;

Capitalisation Shares means shares governed by Section 47 of the Act. Although capitalisation shares are not defined in the Act, they are shares which are issued to incumbent Shareholders on the basis that the Company capitalises a portion of its accumulated reserves in discharge of the consideration for which those shares are issued. The Shareholders do not pay for capitalisation shares. The Board determines the consideration for these shares;

Capitalisation Shares means such number of RBPlat Shares as RBPlat may, in its sole discretion, determine it needs to allot and issue in order to raise sufficient cash on hand to lend to the Purchaser in order for the Purchaser to pay for certain upgrades to the Concentrator Plant following the implementation of the Plant Transaction;