Examples of Bearer Shares in a sentence
Upon issue, and subject to the Class they belong to, the Shares are entitled to participate equally in the profits and dividends of the Sub-Fund attributable to the relevant Class of Shares in which they have been issued as well as in the liquidation proceeds of such Sub-Fund.If Bearer Shares are issued for any Class of Shares, Global Share Certificates will be issued as described under "Subscriptions and Redemptions of Shares (Primary Market)".
Bearer Shares that have been previously issued must be deposited with the bearer Shares depository.
Shareholders failing to immobilise their bearer shares with the Custodian of Bearer Shares by 18 February 2015 will have the voting rights attached to their shares suspended until they are effectively immobilised.
Shareholders holding bearer shares are therefore required to immobilise these shares with the Custodian of Bearer Shares.
Shareholders failing to immobilise their bearer shares with the Custodian of Bearer Shares by 18 February 2016 will have their shares cancelled and the funds corresponding to these shares cancelled or, failing that, other assets with a countervalue equivalent to the cancelled shares will be deposited with the Caisse de Consignation until a person who is able to demonstrate that he or she is the holder requests their return.