Examples of C2 Ordinary Shares in a sentence
Immediately after the Effective Date, the A Ordinary Shares will be held by Kensington and Belgravia, the B Ordinary Shares and C1 Ordinary Shares will be held by TH Pathways, the C2 Ordinary Shares will be held Ares and the D Ordinary Shares will be held by Sheikh Ventures, the Founders and eligible CareTech Shareholders who elect for the Partial Alternative Offer.
The share capital of Topco currently comprises 4 ordinary shares but will be reorganised prior to the EffectiveDate so that it comprises A Ordinary Shares, B Ordinary Shares, C1 Ordinary Shares, C2 Ordinary Shares and D Ordinary Shares on the terms to be set out in the Scheme Document.
In respect of Restricted Shares issued pursuant to the Pre-Closing Reorganization, this shall be repeated for each tranche of B, C, C1 or C2 Ordinary Shares held by the relevant Participant with a different issue date.
On 27 June 2022, certain credit funds managed by Ares Management Limited (the “Ares Funds”) entered into a subscription letter with Topco (the “Ares Subscription Letter”) and the Sheikh Group pursuant to which, on the Closing Date (as defined in the Notes Facilities Agreement), they would subscribe for C2 Ordinary Shares (the “Ares Securities”).