Certification of Adjustments. In all cases in which any of the adjustments set forth in this Article should be made, the Company’s Board of Directors shall, with the abstention of the Managers, upon verifying the occurrence of any of the events that results in the application of an adjustment, issue a certificate (the “Certificate of Adjustment”) which shall be notified to the Registrar and each holder of Warrants upon request, containing the following data, as applicable: (i) number of shares issued and form of payment of such shares; (ii) the amount of the Dividend Distribution; (iii) the number of Underlying Bonus Shares that each Warrant entitles to subscribe for before and after making the relevant adjustment; (iv) the Exercise Price in effect before and after the relevant adjustment; (v) the number of Underlying Shares that each Warrant entitles to subscribe for before and after making the relevant adjustment and the respective Subscription Price and its respective adjustments; (vi) the number of corresponding Reorganization Shares and/or Reorganization Warrants and their related price; (vii) weighted average listing price of the Company’s shares during the 30 trading days preceding the occurrence of any of the events that result in the application of adjustments; (viii) the description of the mechanism and the equations or calculations made to arrive at the figures and amounts indicated; and (ix) any information required in order to make, under the terms of this Article, the adjustments herein contemplated, such as the notice to the Registrar in case of adjustments to the Exercise Price, change in the number, expiration and/or exercise of Warrants, etc.
Appears in 4 contracts
Samples: Restated Agreement for Issue of Warrants on Common Shares (Pampa Energy Inc.), Restated Agreement for Issue of Warrants on Common Shares (Pampa Energy Inc.), Restated Agreement for Issue of Warrants on Common Shares (Pampa Energy Inc.)
