Examples of BEE Verified Person in a sentence
Only Black People or Black Groups who we have confirmed are Eligible Persons, or who are treated by us as Eligible Persons, may apply to be confirmed as a BEE Verified Person.
This suspension will endure until we receive written confirmation from the BEE Verification Agent that you are again a BEE Verified Person.
We will also notify each of the Relevant Market Participants that you have identified in your YeboYethu BEE Contract that you qualify as a BEE Verified Person and they can act on your instructions for purposes of the Own-Broker Trading Process.
You will need to apply again to become a BEE Verified Person before you will be allowed to buy or sell any Shares.
You may at any time stop being a BEE Verified Person for the purposes of the Own-Broker Trading Process by giving notice to us and your Relevant Market Participants.
To hold, buy, sell or otherwise transfer Shares during the BEE Listing Period in terms of the Own-Broker Trading Process, you must qualify as a BEE Verified Person.
You will then cease to be a BEE Verified Person and may not buy, sell or otherwise transfer any further Shares for so long as you are not a BEE Verified Person.
Should this Custody Entity Mandate be terminated, you will automatically cease to be a BEE Verified Person for the purposes of the Standard Trading Process, and you will no longer be entitled to purchase or sell any additional YeboYethu Ordinary Shares through the Standard Trading Process.
If the transferee to whom your securities are to be transferred is confirmed as being a BEE Verified Person, then the Off-Market Transfer will be processed.
Please note that if you stop using the Own-Broker Trading Process, you will no longer be a BEE Verified Person for the purposes of the Own-Broker Trading Process.