Accepting Shareholder definition

Accepting Shareholder means any person who has, in respect of the whole of that person's Entitlement to Ordinary Shares or Interest in Rio Tinto plc Ordinary Shares or both, accepted or given irrevocable undertakings to accept offers made under a takeover bid which complies with Chapter 6 of the Corporations Act or under a takeover offer which complies with the City Code on Takeovers and Mergers (or both);

Accepting Shareholder means any person who has, in respect of the whole of that person’s Interest in Ordinary Shares or Entitlement to RTL Shares, accepted or given irrevocable undertakings to accept offers made under a takeover offer which complies with the Code or under a takeover scheme or takeover announcement which complies with Chapter 6 of the Corporations Act (or both);

Accepting Shareholder has the meaning given to it in Section 7.08(3)(c).

Examples of Accepting Shareholder in a sentence

• The Offeror and each Accepting Shareholder submit to the non-exclusive jurisdiction of the Singapore courts.

• Once the share allocations have been determined, the cash element of the consideration will be reduced or increased (as the case may be) for each Accepting Shareholder who has been allocated an increased or reduced number of New Ordinary Shares.

• That the Form of Approval and Acceptance or Form of Option Offer Acceptance which has been duly completed and received by the Share Registrar or the Company Secretary respectively will constitute irrevocable acceptance of the Partial Offer or the Option Offer, except in the circumstances that the Executive requires that such Accepting Shareholder is granted a right to withdraw in accordance with Rule 19.2 of the Takeovers Code or in compliance with Rule 17 of the Takeovers Code.

• At completion, the Seller must transfer, and each Accepting Shareholder must accept, the respective Allocation of Securities on the terms set out in the Transfer Notice.

• The Accepting Shareholder shall give notice of any such proposed sale to each other Shareholder no less than 60 days before the sale closing date.

More Definitions of Accepting Shareholder

Accepting Shareholder has the meaning assigned to such term in Section 6.2 hereof.

Accepting Shareholder has the meaning ascribed to this term in clause 11.4 (Rejected Offer).

Accepting Shareholder means each Target Shareholder which accepts the Offer in accordance with its terms.

Accepting Shareholder has the meaning set out in Clause 12.3.

Accepting Shareholder. Has the meaning ascribed to it in Section 2.4 of the Letter to Shareholders in this Offer Document

Accepting Shareholder. Section 2.1(d)

Accepting Shareholder means a Shareholder who accepts the Buy-Back Offer for some or all of their Shares by sending in a valid Acceptance Form in accordance with the instructions on that Form.