Examples of Exchangeable Share in a sentence
Each Exchangeable Share will be exchangeable into an ordinary share at no cost to the holder from January 1, 2015 or earlier on the occurrence of certain specified events.
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Each Exchangeable Share carries, to the extent practicable, economic and voting rights equivalent to those of a Mangazeya Share.
Each Exchangeable Share is intended to have substantially identical economic and legal rights as, and will ultimately be exchanged on a one-for-one basis for, a share of National-Oilwell common stock.
During the year ended March 31, 2021, 9,075,000 Exchangeable Shares converted to common shares of the Company transferring $3,548,325 from Exchangeable Share reserve to share capital.