MTN Shares definition

MTN Shares means ordinary shares with a par value of R0.0001 each in the issued share capital of MTN;
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MTN Shares means either the Class B ordinary shares of the Company held by MTN or the ordinary shares redesignated from such Class B ordinary shares of the Company held by MTN immediately prior the IPO, as the context may require.
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MTN Shares means the ordinary shares with a par value of R0.0001 each in the issued share capital of MTN. For the avoidance of doubt, references to the MTN Shares include references – changed as necessary – to any class of shares into which such shares may be converted (whether pursuant to the Companies Act or otherwise) and to such shares as they may be consolidated and sub-divided from time to time;
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Examples of MTN Shares in a sentence

  • This is because MTN Zakhele Futhi has unlimited upside, but limited downside risk i.e. should the NVF exceed the fair value of the MTN Shares at the end of the scheme, MTN Zakhele Futhi will only be responsible to pay the outstanding NVF equivalent to the market value of the number of NVF shares in the structure.

  • The option represents the benefit received by MTN Zakhele Futhi on the purchase of the MTN Shares using the NVF and has a value to MTN Zakhele Futhi of R928.8 million.

  • The number of MTN Shares issued under the Tranche 1 Subscription and Call Option Agreement and Tranche 2 Subscription Agreement will then be adjusted accordingly.

  • At the implementation date of the Proposed Transactions, the deferred tax arises on MTN Shares purchased by MTN Zakhele Futhi at less than market value.

  • Such share certificates shall only be released, if necessary, for the purposes of implementing any transfer permitted in terms of this Agreement and/or required under the BEE Transaction Documents on the basis that once such transfer is implemented, all share certificates in respect of the remaining MTN Shares after such transfer are retained and held by MTN (or its relevant nominees or agents).

  • The MTN Shares issued to MTN Zakhele Futhi are not accounted for as issued.

  • This entitles the relevant subsidiary to a tax deduction (totalling R107 million across all subsidiaries), calculated as 28% of 3 million MTN Shares multiplied by the closing spot Share Price of R127.81 at the Last Practicable Date for the Circular in respect of the payment, to be received over the service period.

  • The combination of investment risk and life span uncertainty produces a complex profile of risk and return characteristics that can be very difficult for the consumer to assess.

  • With limited exceptions (e.g. death), participants in the ESOP will be required to hold the MTN Shares awarded to them under the ESOP scheme for a period of at least five years.

  • As detailed in Table 3, LEM currently utilizes production planning and information sharing processes that are commonly used among large electronic manufacturers.


More Definitions of MTN Shares

MTN Shares ordinary shares with a par value of R0.0001 each in the issued share capital of MTN;
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Related to MTN Shares

  • Common Shares means the common shares in the capital of the Company;

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Relevant Shares means ordinary share capital of the Approved Entity that constitutes equity share capital or the equivalent (or depositary or other receipts representing the same) which is listed and admitted to trading on a Regulated Market.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Amalco Shares means common shares in the capital of Amalco;

  • Purchased Shares has the meaning set forth in Section 2.01.

  • H Shares means the overseas-listed foreign invested shares in the share capital of the Company with a nominal value of RMB1.00 each, which are subscribed for and traded in Hong Kong Dollars;

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • Subco Shares means the common shares in the capital of Subco;

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • Acquisition Shares means the shares of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Acquired Shares has the meaning set forth in the Recitals.

  • Sold Shares shall have the meaning specified in Section 6.

  • Placing Shares means the 32,313,130 Shares to be issued by the Company pursuant to the Placing;

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • Consideration Shares shall have the meaning set forth in Section 2.7(c).

  • A Shares means a participating share of no par value in the capital of the Fund, denominated in US Dollars;

  • Newco Shares means the common shares in the capital of Newco;

  • Sale Shares has the meaning ascribed to it at Recital (A).

  • New Shares means ordinary or common shares, whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party, that are, or that as of the Merger Date are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member of state of the European Union) or on another exchange acceptable to the Issuer and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.

  • Target Shares means common shares in the capital of Target, as currently constituted;