Shares of Iberia Sample Clauses

Shares of Iberia. (i) After the merger has been approved by the ShareholdersMeetings of the merging companies and the public deed of merger and consequent increase of capital of IAG has been registered at the Madrid Mercantile Registry, the shares of Iberia with a nominal value of 0.78 euros (other than the class of shares held by BA Holdco) will be exchanged for newly issued shares of IAG in accordance with the merger ratio through the entities of the Sociedad de Gestión de los Sistemas de Registro, Compensación y Liquidación de Valores, S.A.U (“IBERCLEAR”), depositories of the shares of Iberia, subject to the procedures established for the book entry system, pursuant to Royal Decree 116/1992, of February 14 and the Spanish Corporations Law where appropriate.
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