Examples of Capital Reduction Amount in a sentence
Trading on ASx of DuluxGroup Shares on a normal settlement basis is expected to commence on Thursday, 22 July 2010; and– the Demerger Implementation Date – the date on which the Scheme is implemented by Orica applying the Capital reduction Amount and the Demerger Dividend, on behalf of Eligible Shareholders, to the transfer to those shareholders of one DuluxGroup Share for each Orica Ordinary Share held on the record Date.
This will involve the Capital reduction Amount and the Demerger Dividend Amount being applied by Orica, on behalf of Orica Ordinary Shareholders, as consideration for the transfer to those shareholders of one DuluxGroup Share for each Orica Ordinary Share held on the record Date (except in the case of Selling Shareholders).