Act in concert definition
Act in concert mentioned in this Article means that two or over two persons come into an agreement (by word or in writing) to get the voting right of the Company through any one of them so as to strengthen the control on the Company.
Act in concert means any action pursuant to an agreement between or among two or more persons, in terms of which any of them co-operate for the purpose of entering into or proposing an affected transaction or offer;
Act in concert has the meaning ascribed thereto in the City Code.
More Definitions of Act in concert
Act in concert means to act with a common purpose or under common control;
Act in concert for a specific purpose, means any action pursuant to an agreement
Act in concert. (as defined in the U.K. City Code on Takeovers and Mergers) with any other Person or Persons in connection with any of the foregoing (except as publicly disclosed prior to the date hereof); or
Act in concert for a specific purpose, means any action pursuant to an agreement between or among 2 (two) or more Persons, in terms of which all or any of them co-operate for that specific purpose, and “acting in concert” and “acts in concert” have a corresponding meaning; “Afrimat” Afrimat Limited (registration number 2006/022534/06), a public company incorporated under the Laws of South Africa, which is listed on the Main Board of the JSE; “Afrimat Directors” or “Afrimat Board” the directors of Afrimat as at the Last Practicable Date, whose names are set out in the “Corporate Information and Advisors” section of this Circular; “Afrimat Group” Afrimat, the other Members of its Group and each other Person, Controlled from time to time by Member(s) of the Afrimat Group; “Afrimat Shares” ordinary no par value shares in the issued share capital of Afrimat; “Afrimat Shareholder” a holder of one or more Afrimat Shares; “Appraisal Rights” the rights afforded to UCP Shareholders in terms of section 164 of the Companies Act, as set out in Annexure 9 to this Circular; “Broker” any Person registered as a “broking member (equities)” in terms of the Rules of the JSE and in accordance with the provisions of the Financial Markets Act; “Business Day” a day which is not a Saturday, Sunday or official public holiday in South Africa; “Calibre Capital” Calibre Capital Proprietary Limited (registration number 2004/001095/07), a private company duly incorporated under the Laws of South Africa, in which T de Bruyn, a director of UCP, holds 67.5%, Semeca Investments holds 27.5% and Maximus Investments CC holds 5%; “Certificated UCP Shareholders” holders of Certificated UCP Shares; “Certificated UCP Shares” UCP Shares being “certificated securities” as defined in the Financial Markets Act and having accordingly not been Dematerialised, title to which is evidenced by Documents of Title; “CIH” Calibre Investment Holdings Proprietary Limited (registration number 2017/177748/07), a private company duly incorporated under the Laws of South Africa and being a wholly-owned subsidiary of Calibre Capital; “Circular” this circular to UCP Shareholders, dated Wednesday, 9 September 2020, together with the annexures hereto; “Common Monetary Area” South Africa, the Republic of Namibia, the Kingdom of Lesotho and the Kingdom of eSwatini; “Companies Act” the Companies Act, No. 71 of 2008, as amended from time to time; “Companies Regulations” the Companies Regulations, 2011, promulgated under the Companies Act,...
Act in concert means any action pursuant to an agreement between or amongst two or more Persons (as defined in the Companies Act), in terms of which all or any of them co-operate for the purpose of entering into or proposing an Affected Transaction, and “Acts in Concert” or “Acting in Concert” shall bear corresponding meanings; “Affected Transaction” has the meaning set out in section 117(1)(c) of the Companies Act, and specifically includes a mandatory offer in terms of section 123 of the Companies Act; “Annexures” the annexures attached to this Circular; “Authorised Dealer” a person authorised to deal in foreign exchange as contemplated in the Exchange Control Regulations; “Bauba” Bauba Resources Limited, registration number: 1986/004649/06, a public company incorporated in accordance with the laws of South Africa, the shares of which are listed on the Main Board of the JSE, whose further details are set out in the section of this Circular titled “Corporate information and advisors”; “Board“ or “Directors” the board of directors of Bauba as at the Last Practicable Date, whose details are set out on page 23 of this Circular; “Broker” any person registered as a “broking member (equities)” in terms of the requirements of the JSE and in accordance with the provisions of the Financial Markets Act, including any nominee of such person; “Business Day” any day other than a Saturday or Sunday or official public holiday in South Africa; “CEO” Chief Executive Officer; “Certificated Shareholder” a Shareholder who has not Dematerialised his Shares, title to which is represented by a share certificate or other physical Document of Title; “Circular” this combined offer circular dated Friday, 25 March 2022, including the Annexures hereto and incorporating a Form of Acceptance (pink); “Closing Date” the closing date of the Offer as described in paragraph 4.5.2 of Part A of this Circular; “Common Monetary Area” South Africa, the Republic of Namibia and the Kingdoms of Lesotho and eSwatini; “Companies Act” the Companies Act, No. 71 of 2008, as amended; “Condition Precedent” the condition precedent set out in paragraph 4.4 of Part A of this Circular; “CSDP” a Central Securities Depository Participant, being a “participant” as defined in the Financial Markets Act, including any nominee of such participant and with whom a beneficial owner of shares holds a Dematerialised share account; “Custody Agreement” the custody mandate agreement between a Dematerialised Shareholder and a CSDP or Broke...