Examples of Britvic Shares in a sentence
The entitlement of Britvic ADS Holders to the Acquisition Value under the terms of the Acquisition in respect of the Britvic Shares underlying their Britvic ADS will be determined in accordance with the terms of the Britvic ADS Programme Deposit Agreement.
Separately, the Company, together with the other Selling Shareholders, has entered into over-allotment arrangements with Citigroup, as stabilising manager,over a total of up to approximately 23m Britvic Shares (with the Company’s component of this initially comprising up to approximately 11m Britvic Shares), representing an additional 15% of the Britvic Shares offered for sale in the Global Offer.
Prior to the Scheme becoming effective, applications will be made to the UK Listing Authority for the cancellation of the listing of Britvic Shares on the Official List and to the London Stock Exchange for the cancellation of trading of Britvic Shares on the London Stock Exchange's main market for listed securities, with effect as of or shortly following the Effective Date.
The determination of the Offer Price of the Britvic Shares is expected to take place on 8 December 2005 (if Shareholders vote in favour of the Disposal at the EGM on 7 December 2005).
Britvic ADS Holders that wish to vote directly on the Scheme and the Acquisition must surrender their Britvic ADS to the Depositary, pay the Depositary's fees and charges in accordance with the Britvic ADS Programme Deposit Agreement and become holders of Britvic Shares prior to the Voting Record Time, and in each case subject to and in accordance with the terms of the Britvic ADS Programme Deposit Agreement.
The Scheme will extend to any Britvic Shares that are unconditionally allotted or issued pursuant to the exercise of options or vesting of awards under the Britvic Share Schemes, in each case on or prior to the Scheme Record Time.
On the Effective Date, Britvic will become a wholly owned subsidiary of A.G. Barr and share certificates in respect of Britvic Shares will cease to be valid and entitlements to Britvic Shares held within the CREST system will be cancelled.
Xxxxxxxxx has also agreed to customary standstill arrangements pursuant to which Xxxxxxxxx has agreed (subject to certain customary exceptions) that it shall not (among other things) acquire Britvic Shares or any interest in any Britvic Shares without the prior written consent of Britvic.
The special dividend will extend to any Britvic Shares that are unconditionally allotted or issued pursuant to the exercise of options or the vesting of awards granted under the Britvic Share Schemes, in each case on or prior to the Scheme Record Time.
Britvic ADS Holders should take particular notice of the deadline for providing voting instructions, which may be earlier than that applicable to holders of Britvic Shares.