BEE Securities definition

BEE Securities means the Securities which are beneficially owned by or registered in the names of own name clients which/who are BEE Compliant Persons for a specified period and as fully defined in the BEE Contract;

BEE Securities has the meaning given to this term in the JSE Listings Requirements;

BEE Securities means the securities in respect of which the issuer requires that the beneficial owners are BEE Compliant Persons for a period of time as prescribed by the issuer;”

Examples of BEE Securities in a sentence

• In respect of clause 24.2, the Registered Shareholder will be obliged within 10 (ten) days after receipt of notice from that Specified Issuer, to instruct the CSDP to effect transfer of the Specified BEE Securities issued by that Specified Issuer out of the account in the name of the Registered Shareholder into an account in the name of that Specified Issuer’s Nominee.

• In respect of clauses 17.2, 18.2, 18.4, 19.2, 19.4 and 24.2, the Registered Shareholder will be obliged within 10 (ten) days after receipt of notice from a Specified Issuer, to instruct the CSDP to effect transfer of the Specified BEE Securities issued by that Specified Issuer out of the account in the name of the Registered Shareholder into an account in the name of that Specified Issuer’s Nominee, unless the Specified Issuer has elected itself to buy back those Specified BEE Securities.

• Beneficial Owner always has to sign This BEE Contract as the party defined as “You” and in that case, the nominee of such Beneficial Owner, in whose name the BEE Securities are registered, must sign as the Registered Shareholder.

• You undertake for the duration of This BEE Contract, not to permit the Sale Off Market of any of the Specified BEE Securities or any rights or interests therein, nor to instruct the Registered Shareholder, the CSDP, the JSE Member, the IH or the IHRS, as the case may be, to effect transfer or permit the transfer of those BEE Securities on Your behalf, to any person who/which is not a BEE Compliant Person and who/which has not signed a BEE Contract.

• You acknowledge that you shall not be entitled to deal in BEE Securities unless a valid BEE Contract has been signed by you or the proposed beneficial owner of the BEE Securities as the case may be and the other requirements contained in the JSE Rules have been complied with.

More Definitions of BEE Securities

BEE Securities means the securities in respect of which the issuer requires that the beneficial owners are BEE Compliant Persons for a period of time as prescribed by the issuer;”865. A new clause 1.2.21A is inserted after clause 1.2.21 which reads as follows:

BEE Securities means the Securities in respect of which the Issuer requires that the registered owner or, if the registered owner is a Nominee for a beneficial owner, the beneficial owner is a BEE Compliant Person for a period of time as prescribed by the Issuer;

BEE Securities means the securities in respect of which an issuer requires that the beneficial owners are Black Persons or Black Groups for a period as prescribed by the issuer;

BEE Securities means the Securities in respect of which the Issuer requires that the beneficial owner is a BEE Compliant Person for a period of time as prescribed by the Issuer;

BEE Securities means the securities in respect of which the issuer requires that the registered owners or, if the Registered owners are nominees for beneficial owners, the beneficial owners, are BEE compliant persons for a period of time as prescribed by the issuer;

BEE Securities means the securities in respect of which the issuer requires that the beneficial owners are BEE Compliant Persons for a period of time as prescribed by the issuer;

BEE Securities means the securities in respect of which ““BEE Securities” means the securities in respect of which the issuer requires that the beneficial owners are BEE the issuer requires that the beneficial owners are BEE Compliant Persons for a period of time as prescribed by the compliant persons for a period of time as prescribed by the issuer;” issuer;”a new clause 1.2.21A is inserted after clause 1.2.21 which a new clause 1.2.16A is inserted after clause 1.2.16 which reads as follows: reads as follows: ““New Registered Shareholder” means Computershare ““New Registered Shareholder” means Computershare Nominees (Proprietary) Limited (Registration No. Nominees (Proprietary) Limited (Registration No. 1999/ 008543/07);” 1999/ 008543/07);”[Note: These definitions are all needed to take account of the listing on the BEE segment and/or Dematerialisation]clause 1. 2.26 is replaced with the following: This clause is already contained in the New Cash Contract;