Examples of Convertible Bondholders in a sentence
For the avoidance of doubt, the Acquisition is not conditional upon the approval of the Convertible Bondholders.
No holder of the Convertible Bonds was required to abstain from voting on the Extraordinary Resolution at the adjourned Meeting of the Convertible Bondholders.
Anglo American will make an appropriate proposal to the Convertible Bondholders.
Results of the adjourned meeting of the convertible bondholders As at the date of the adjourned Meeting of the Convertible Bondholders, according to DB Trustees (Hong Kong) Limited, in its capacity as trustee for the Convertible Bonds, the outstanding principal amount of the Convertible Bonds was HK$46,775,000.
Based on current available market data as at 16 January 2020 (being the latest practicable date prior to publication of this announcement) and various other assumptions, including that all Convertible Bondholders will convert their Convertible Bonds during the 60-day change of control period, Anglo American will be required to cash out Convertible Bondholders, at the Offer Price, in respect of a total of approximately 1,053,506,079 Sirius Shares.
Convertible Bondholders who exercise this conversion right will not be entitled to the enhanced change of control conversion price and will receive the Offer Price for each Sirius Share they would otherwise have been entitled to on conversion, rather than the resulting Sirius Shares (as a result of amendments to Sirius’ articles of association proposed to be implemented as from the Effective Date).
No Convertible Bondholders shall be entitled to receive a combination of a Cash Distribution and a Shares Distribution.
The notice for the adjourned Meeting of the Convertible Bondholders will be published in accordance with the terms of the Convertible Bonds Trust Deed.
The Extraordinary Resolution put to the Meeting of the Senior Bondholders which was passed on 21 June 2016 has also become effective from the time the Extraordinary Resolution put to the Convertible Bondholders at the adjourned Meeting of the Convertible Bondholders was passed.
No holder of the Convertible Bonds was required to abstain from voting on the Extraordinary Resolution at the adjourned Meeting of the Convertible Bondholders.The Extraordinary Resolution put to the Meeting of the Senior Bondholders which was passed on 21 June 2016 has also become effective from the time the Extraordinary Resolution put to the Convertible Bondholders at the adjourned Meeting of the Convertible Bondholders was passed.