Capitalisation Shares definition

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Capitalisation Shares means the Elective Capitalisation Shares or Non- Elective Capitalisation Shares, as the context dictates;

Capitalisation Shares means a capitalisation shares of no par value issued

Examples of Capitalisation Shares in a sentence

If the Trustees elect to receive the Elective Capitalisation Shares on behalf of all Khanyisa Tier 1 Participants such Elective Capitalisation Shares shall form part of the Plan Assets and shall be distributed immediately to the Khanyisa Tier 1 Participants.
Such Elective Capitalisation Shares shall form part of the Plan Assets but shall not be distributed to the Khanyisa Tier 2 Participants, despite the fact that they were an alternative to a Distribution.
The Listco Capitalisation Shares will represent 47.47% of the total issued shares of the Target Company as enlarged by the issue of the Listco Capitalisation Shares and Other Capitalisation Shares.
The 125,008,842 Loan Capitalisation Shares to be allotted and issued will utilise approximately 22.42% of the General Mandate.
The Company will submit an application to the Stock Exchange for the listing of, and permission to deal in, the Loan Capitalisation Shares pursuant to the Loan Capitalisation Agreement.

More Definitions of Capitalisation Shares

Capitalisation Shares means the capitalisation shares of no par value to be issued at €1.00

Capitalisation Shares means shares governed by Section 47 of the Act. Although capitalisation shares are not defined in the Act, they are shares which are issued to incumbent Shareholders on the basis that the Company capitalises a portion of its accumulated reserves in discharge of the consideration for which those shares are issued. The Shareholders do not pay for capitalisation shares. The Board determines the consideration for these shares;

Capitalisation Shares means 60,000,000 new Shares to be issued by the Company and subscribed by the Subscriber, representing (i) approximately 32.45% of the existing issued share capital of the Company as at the date of this Agreement; and (ii) approximately 24.50% of the issued share capital of the Company immediately upon Completion as enlarged by the Capitalisation, and “Capitalisation Share” shall be construed accordingly;

Capitalisation Shares means the Elective Capitalisation Shares or Non Elective Capitalisation Shares, as the context dictates; 1.3.17. "CCMA" means the Commission for Conciliation, Mediation and Arbitration established in terms of the LRA; 1.3.18. "Charter" means any transformation charters issued under sections 9 and/or 12 of the B-BBEE Act or other charter of general application to the Company and/or Sasol (or relevant parts thereof); 1.3.19. "Codes" mean the Codes of Good Practice on Broad-Based Black Economic Empowerment promulgated as regulations in terms of the B-BBEE Act; 1.3.20. "Companies Act" means the Companies Act, 71 of 2008; 1.3.21. "Company" means Sasol South Africa Limited, a public limited liability company with registration number: 1968/013914/06, duly incorporated in accordance with the laws of the Republic of South Africa; 1.3.22. "Consideration Assets" means those assets, other than cash, offered as consideration by an Offeror as contemplated in clauses 12 or 21;

Capitalisation Shares. : means the aggregate of 22,374,343,660 duly authorised, validly

Capitalisation Shares means the Elective Capitalisation Shares or Non-Elective Capitalisation Shares, as the context dictates;

Capitalisation Shares means such number of RBPlat Shares as RBPlat may, in its sole discretion, determine it needs to allot and issue in order to raise sufficient cash on hand to lend to the Purchaser in order for the Purchaser to pay for certain upgrades to the Concentrator Plant following the implementation of the Plant Transaction;