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 form, and which are held in electronic form on Stellar Capital’s uncertificated securities register administered by a CSDP;
Dematerialised Shares means Shares that have been Dematerialised or have been issued in

Examples of Dematerialised Shares in a sentence

  • Ordinary shares may only be traded on the JSE in electronic form (Dematerialised Shares) and will be trading for electronic settlement in terms of STRATE immediately following the Listing.

  • Each applicant’s duly appointed CSDP or broker will receive the Dematerialised Shares on its behalf against payment of the Offer Price by the applicant’s CSDP, which is expected to occur on Monday, 4 October 2004 during the STRATE settlement runs.

  • All shareholders who elect to convert their Dematerialised Shares into Certificated Shares will have to dematerialise their Lewis shares should they wish to trade them under the terms of STRATE (see paragraph 65 headed “STRATE” beginning on page 59 of this Prospectus).

  • Accordingly, all successful applicants must appoint a CSDP, directly or through a broker, to receive and hold the Dematerialised Shares on their behalf.


More Definitions of Dematerialised Shares

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 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 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 Shares which have been incorporated into the Strate system and which are no longer evidenced by Share certificates or other physical Documents of Title;
Dematerialised Shares means Sasol 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 TEAL Shares that have been dematerialised.
Dematerialised Shares means Securities that are not evidenced by a certificate or written