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

• Each Accepting Shareholder shall have an additional option to purchase all or any part of the balance of any such remaining Offered Shares on the terms and conditions set forth in the Notice, by giving the Company notice to that effect (the “Follow-on Acceptance”) within ten (10) days after being served with Second Notice.

• 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.

• The Directors may not authorise a Required Disposal of any Ordinary Shares held by an Accepting Shareholder during a period in which offers for both Ordinary Shares and Rio Tinto plc Voting Shares remain open for acceptance.

• The Company, within ten (10) days from end of the Pre Emptive Period, shall notify each Accepting Shareholder of its right to purchase the Available Securities.

• Each Accepting Shareholder shall then have ten (10) Business Days after such notice is delivered (the “Over Allotment Period”) to agree to purchase the Available Securities for the price and upon the terms specified in the Rights Notice, by giving written notice to the Company.

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 means a Shareholder who/which, by the valid acceptance of the Offer, enters into a sale and purchase agreement with the Offeror in respect of the Shares agreed to be sold to the Offeror by such Accepting Shareholder.

Accepting Shareholder has the meaning specified in Section 5.2(b).

Accepting Shareholder means the Shareholder that has accepted the Offer and all its terms and conditions (including the Conditions) by appropriately completing the procedure described in Item 2 “Acceptance of the Offer” in Section “Formal Elements of the Offer.”