Dematerialised Shares definition

Dematerialised Shares means, Shares, title to which is recorded on the register of the Company as being in uncertificated form and which may be transferred by means of a computer based settlement system in accordance with the Companies Act, 1990 (Uncertificated Securities) Regulations, 1996 (of Ireland).
Dematerialised Shares means Shares that have been Dematerialised or have been issued in
Dematerialised Shares means shares that have been dematerialised or have been issued in dematerialised form, and which are held in electronic form on Stellar Capital’s uncertificated securities register administered by a CSDP;

Examples of Dematerialised Shares in a sentence

  • Dematerialised Shares or other dematerialised securities are represented by a book-entry in an account opened in the name of their owner or holder with an authorised account holder or with a clearing institution.

  • CSDPs will make payment, on a delivery versus payment basis, in respect of Qualifying Shareholders holding Dematerialised Shares who have accepted the Rights Offer.

  • Qualifying Shareholders holding Dematerialised Shares who have accepted the Rights Offer must ensure that the necessary funds are deposited with the relevant CSDP or Broker, as the case may be.

  • Qualifying Shareholders holding Dematerialised Shares will have their accounts automatically credited with their entitlements in accordance with Annexure 1.

  • The CSDP or Broker will make payment in respect of Qualifying Shareholders holding Dematerialised Shares on a delivery versus payment basis.


More Definitions of Dematerialised Shares

Dematerialised Shares means Shares that have been Dematerialised; “Dematerialised Shareholder” means a holder of Dematerialised Shares; “Dematerialised JSE Shareholder” means a holder of Dematerialised Shares on the JSE;
Dematerialised Shares means the Subject Shares that have been Dematerialised in accordance with the rules of Strate, evidencing ownership of shareholding in electronic format, which Subject Shares may be traded on the JSE.
Dematerialised Shares means Ordinary Shares that have been dematerialised in terms of the Companies Act, the Financial Markets Act and Strate, and ownership of which is recorded in a sub-register of Shareholders administered by a CSDP, which sub-register forms part of the Company’s Register;
Dematerialised Shares means Datatec Shares that have been Dematerialised in accordance with the rules of Strate, evidencing ownership of shareholding in electronic format, which Shares may be traded on the JSE;“Dematerialised Datatec Shareholder”means a Datatec Shareholder who holds Dematerialised Shares;“Disposal Group”means Westcon Americas and 10% of Westcon International;“Exchange Control Regulations”means the Exchange Control Regulations, 1961, made in terms of the South African Currency and Exchanges Act, 1933 and (including any applicable directive and rulings of Exchange Control and the South African National Treasury);“Financial Markets Act”means the South African Financial Markets Act, 2012 as amended;“General Meeting”means the General Meeting convened in terms of the attached notice of General Meeting to be held, at Bowmans, 11 Alice Lane, Sandton, Johannesburg, South Africa at 14:00 (South African Standard time) on Wednesday, 30 August 2017, in order for Datatec Shareholders to vote on the Ordinary Resolution set out in the attached notice of General Meeting;“Group”means Datatec Limited, a public company incorporated in South Africa, and its subsidiaries;“IFRS”means International Financial Reporting Standards;“JSE”means JSE Limited, a limited liability public company incorporated under the laws of South Africa under registration number 2005/022939/06 and which is licensed as an exchange in terms of the Financial Markets Act;“JSE Listings Requirements”means the listings requirements of the JSE, as amended from time to time;“Last Practicable Date”means Wednesday, 26 July 2017, being the last practicable date on which information contained in this Circular can be updated prior to finalisation of this Circular;“LSE”means the London Stock Exchange;“MOI”means the memorandum of incorporation of the Company, as in force from time to time;“Ordinary Resolution”means the ordinary resolution set out in the notice of General Meeting attached to and forming part of this Circular;“R” or “ZAR”means South African Rand, the lawful currency of South Africa;“Register”means the register of Certificated Datatec Shareholders maintained by the Transfer Secretaries in accordance with sections 50(1) and 50(3) of the Companies Act on behalf of the Company and the sub-register of Dematerialised Datatec Shareholders maintained by the relevant CSDPs;“RNS”means Regulatory News Service (UK);“SEC”means the United States Securities and Exchange Commission;“Securities Act”means the United States Secu...
Dematerialised Shares means shares that have been dematerialised in accordance with the rules of Strate, evidencing ownership of shareholding in electronic format, which shares may be traded on the JSE;
Dematerialised Shares means Texton Shares which have been incorporated into Strate and which are no
Dematerialised Shares means TEAL Shares that have been dematerialised.