Examples of Clinigen Shares in a sentence
A copy of this letter can also be found on this website.All Clinigen Shares acquired under the Scheme will automatically be bought by Bidco for 883 penceeach in cash.
You need to take action if you want to buy Clinigen Shares using your Sharesave Options.
This will buy 47 Clinigen Shares at the £5.43 Option Price, which will then be bought by Bidco at£8.83 per Clinigen Share.
Bidco has received irrevocable undertakings from the Clinigen Directors whose names are set out below to vote in favour of, or accept, the Acquisition in respect of a total of 358,902 Clinigen Shares (representing, in aggregate, approximately 0.27 per cent of Clinigen Shares in issue on the Last Practicable Date).
In addition, entitlements held within the CREST system to the Clinigen Shares will be cancelled on the Effective Date.It is intended that Clinigen be re-registered as a private limited company as part of the Acquisition, and for this to take effect as soon as practicable on or following the Effective Date.
The leaver arrangements under the Clinigen Sharesaves will apply in the normal way if you leave Clinigen before you use your Sharesave Options to buy Clinigen Shares under the Proposal.
In particular, the ability of persons who are not resident in the UK to vote their Clinigen Shares with respect to the Scheme at the Court Meeting or the General Meeting, or to appoint another person as proxy may be affected by the laws of the relevant jurisdictions in which they are located.
Clinigen Shareholders who wish to appoint more than one proxy in respect of their holding of Clinigen Shares should contact Equiniti Limited for further Forms of Proxy.
The Company will make you a cash payment in respect of your Option(s) equal to: the number of Clinigen Shares referred to in your vesting letter in 2017 or 2020 advising you how many Clinigen Shares you would be able to receivemultiplied by 883 pence per Clinigen Share This puts you in the same position as you would have been in had you been able to exercise your rights to acquire Clinigen Shares under your Option (s) and sell those Clinigen Shares to Bidco for 883 pence per Clinigen Share.
First, you exercise your Sharesave Options on the Court Sanction Date to buy Clinigen Shares at the relevant Option Price with the eligible savings then in your savings account.