Concert Party definition

Concert Party means, in relation to any person, a party who is deemed or presumed to be Acting in Concert with that person for the purposes of the Takeover Rules;

Concert Party means any person acting in concert, or deemed or presumed to be acting in concert, with the relevant party;

Concert Party means the Sheikh Group together with persons acting in concert with Bidco and Sheikh Holdings;

Examples of Concert Party in a sentence

• As a result of the Concert Party Agreement, Xx. Xxxxx effectively controls 331,233,241 shares of the Company, representing approximately 32.92% of the voting rights of the Company as of the date of this announcement, immediately before the execution of the termination agreement of concert party (the “Termination Agreement”).

• Xx. Xxxx Qisong, Xx. Xxxx Luojia and Ms. Xxxx Xxx, each being an Offeror Concert Party, have a material interest in the Proposal and have therefore abstained and will continue to abstain from voting on the relevant resolution(s) of the Board.

• Termination of the Concert Party Agreement As each of the members of the Concert Group no longer intended to be bound by the acting in concert arrangement with each other in anticipation that their interests might no longer be aligned, the Concert Group entered into the Termination Agreement on 4 December 2020 to terminate the Concert Party Agreement.

• Upon the execution of the Termination Agreement, the Concert Group is no longer bound to comply with the Concert Party Agreement and is no longer a group of shareholders of the Company acting-in-concert and no longer deemed to be interested in each other’s interest in the shares of the Company.

• After the termination of the Concert Party Confirmation, Xx. Xxx, Dr. Xx and Xx. Xxxx will no longer be a group of shareholders of the Company acting in concert.

More Definitions of Concert Party

Concert Party means any person with which any relevant person is acting in concert within the meaning of paragraphs (2) to (5) (inclusive) of the definition of ‘acting in concert’ in the City Code on Takeovers and Mergers, or would be so acting in concert if the City Code on Takeovers and Mergers applied in the relevant case.

Concert Party means, during such time as the applicable agreement or understanding is in effect, any persons who, pursuant to an agreement or understanding, act in concert to obtain or consolidate Control of the Group or otherwise. Securityholders shall always be deemed to be Concert Parties with their Affiliates. Investors shall not be deemed Concert Parties by virtue of indicating how they will act or vote, provided such investors do not cede voting discretion in connection therewith;

Concert Party has the meaning specified in the City Code.

Concert Party means Tim Martin and his close relatives and related trusts, being Felicity Martin, Margit Martin, Louise Martin, Olive Hamilton and Gerald Martin, who, for the purposes of the Code, are presumed to be acting in concert;

Concert Party means persons or persons who, pursuant to an agreement or understanding (whether formal or informal) actively co-operate, through the acquisition by any of them of Shares or otherwise to obtain or consolidate control of or influence over the Company for any purpose connected with the holding of Shares;

Concert Party means that group of Shareholders which the Panel has confirmed is deemed to act in concert, being the Pollen Street Partners and the Pollen Street Senior Managers (including their related trusts and close relatives (each as defined in the Code)) from time to time

Concert Party means that group of Shareholders which the Panel has confirmed is deemed to act in concert;