Common use of The Sale Shares Clause in Contracts

The Sale Shares. 2.1 The Vendor is the registered and beneficial owner of 410,134,000 Shares representing 13.7% of the entire issued share capital of the Company. 2.2 The Sale Shares have been duly authorised, issued and allotted and are fully paid up or credited as fully paid up. 2.3 The Sale Shares are free from all pre-emption and priority rights, options, claims, equities, liens, charges, mortgages, encumbrances and third party rights of any kind. 2.4 The Sale Shares rank pari passu inter se and with all other Shares in issue. 2.5 The Sale Shares are all the Shares owned or held by the Vendor and the Vendor Guarantor.

The Sale Shares. 2.1 The Vendor is the registered and beneficial owner of 410,134,000 1,380,000,000 Shares representing 13.746.15% of the entire issued share capital of the Company. 2.2 The Sale Shares have been duly authorised, issued and allotted and are fully paid up or credited as fully paid up. 2.3 The Sale Shares are free from all pre-emption and priority rights, options, claims, equities, liens, charges, mortgages, encumbrances and third party rights of any kind. 2.4 The Sale Shares rank pari passu inter se and with all other Shares in issue. 2.5 The Sale Shares are all the Shares owned or held by the Vendor and Vendor, the Vendor GuarantorGuarantor and parties acting in concert (as defined in the Takeovers Code) with them.