Examples of Decree 2555 in a sentence
In accepting the PSUs, Participant acknowledges that the Participant’s rights to vest the PSUs under the Plan, if any, have not and will not be offered, sold or distributed in Colombia or to Colombian residents except in circumstances which do not constitute a public offer of securities in Colombia within the meaning of article 6.1.1.1.1 of Decree 2555 of 2010, as amended from time to time.
An offer of shares of Common Stock to employees will not be considered a public offer provided that it meets the conditions set forth in Article 6.1.1.1.1 in Decree 2555, 2010.
In accepting the RSUs, Participant acknowledges that the Participant’s rights to vest the RSUs under the Plan, if any, have not and will not be offered, sold or distributed in Colombia or to Colombian residents except in circumstances which do not constitute a public offer of securities in Colombia within the meaning of article 6.1.1.1.1 of Decree 2555 of 2010, as amended from time to time.
The Bonds will not be registered in Colombia on the National Registry of Securities and Issuers (Registro Nacional de Valores y Emisores) maintained by the SFC and, accordingly, they may not be offered to persons in Colombia except pursuant to a public offering pursuant to Section 6.11.1.1.1 of Decree 2555 of 2010, as amended, or an exemption therefrom under Colombian law.
Colombian regulations, and specifically tender offer regulations included in articles 6.15.2.1.1 through 6.15.2.1.25 of Decree 2555 of 2010, do not provide for appraisal rights in the case of a tender offer.
Additionally, the Company is in compliance with Decree 2555 of 2010 relating to disclosure duties through the SIMEV (Sistema de información del Registro Nacional de Valores y Emisores).
In compliance with "Appendix 1 - Periodic Information from Issuers" established by External Circular 012 of 2022 issued by the Superintendence of Finance of Colombia concerning the format and detailed content of the quarterly reports and following the provisions of Article 5.2.4.2.3. of Decree 2555 of 2010, during 1Q23 there were no material variations in the degree of risk exposure concerning the immediately preceding quarter.