Examples of ADS Custodian in a sentence
The preemptive rights to subscribe for the New Common Shares, including the preemptive rights granted to the ADS Custodian, may be freely assigned to third parties or to another shareholder(s) pursuant to Article 171, paragraph 6 of Law No. 6,404/76.
Related Party Transactions—Agreements Related to the Spin-Off.” On December 31, 2020, an extraordinary general shareholders’ meetings of CBD and Sendas approved the distribution of substantially all of the issued and outstanding Sendas common shares will be distributed to holders of CBD common shares, including the CBD ADS Custodian, on a pro rata basis for no consideration.
In connection with the Spin-Off, substantially all of the issued and outstanding Sendas common shares will be distributed to holders of CBD common shares, including the CBD ADS Custodian, on a pro rata basis for no consideration.
The Custodian will send Client a quarterly statement showing all amounts paid from Client’s account(s), including Adviser’s fees.
Each holder of CBD common shares, including the CBD ADS Custodian, will receive one Sendas common share for each CBD common share held at close of trading on the B3 on February 26, 2021 (the “Brazilian Record Date”).