DRD Shares definition

DRD Shares ordinary shares of DRD;
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DRD Shares ordinary shares of DRD, which ordinary shares are listed on the JSE;
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DRD Shares means ordinary shares in the capital of DRD.
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Examples of DRD Shares in a sentence

  • This may include reducing the number of DRD Shares to which you may otherwise be entitled on the basis that one DRD Share is worth A$4.41.

  • DRD also has no obligation to take any other action to permit the distribution of DRD ADSs, DRD Shares, rights or anything else to DRD ADS holders.

  • Acquisition of DRD SharesThe Australian income tax and CGT consequences associated with the acquisition of the DRD Shares will depend on whether the shares were acquired:pursuant to scrip for scrip rollover;without rollover relief; orwhere the shareholder disposed of pre-CGT Emperor Shares.The Australian tax consequences flowing from the alternative ways the DRD Shares may be acquired are discussed below.

  • The lowest recorded sale price of DRD Shares on the ASX in the last 4 months before this Bidder’s Statement was lodged with the ASIC was A$3.30.The highest recorded sale price of DRD Shares on Nasdaq in the 4 months before the public announcement of the Offer was US$4.10, equivalent to A$5.28 at that time.

  • A total of 10.2 million DRD Shares were issued, raising R217.4 million (A$43.5 million).

  • However, the DRD Shares which have been converted into a certificated holding cannot be traded on the ASX unless they are converted back into DRD CDIs.

  • DRD ADS holders will receive these distributions in proportion to the number of DRD Shares their DRD ADSs represent.The Bank of New York will distribute whole U.S. dollars and cents and will round fractional cents to the nearest whole cent.

  • Since October 1996, DRD Shares have traded in the United States on the Nasdaq SmallCap Market under the trading symbol “DROOY” in the form of American Depositary Receipts (ADRs).

  • Shares held on revenue account Any gain or loss realised upon the disposal of Emperor Shares held on revenue account (the gain or loss amount determined by comparing the cost of the shares with the proceeds, being the market value of DRD Shares received in substitution plus any other consideration received) will be assessed as ordinary income or allowable as a revenue deduction.

  • Another consequence of the rollover is that, broadly, the cost base in the original Emperor Shares is allocated proportionally across the replacement DRD Shares.

Related to DRD Shares

  • Purchased Shares has the meaning set forth in Section 2.01.

  • VMTP Shares means Variable Rate MuniFund Term Preferred Shares, $0.00001 par value per share, liquidation preference $100,000 per share plus an amount equal to accumulated but unpaid dividends thereon (whether or not earned or declared), of the Trust. The preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of each series of VMTP Shares are set forth in the VMTP Shares Statement.

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Sold Shares shall have the meaning specified in Section 6.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • Acquired Shares has the meaning set forth in the Recitals.

  • Unit Shares means the Common Shares comprising part of the Units;

  • Issued Shares means, collectively, all outstanding Shares issued pursuant to Restricted Stock Awards, all outstanding Shares issued pursuant to Unrestricted Stock Awards, and all Option Shares.

  • ASA Shares has the meaning set forth in 2.4(a).

  • Company Shares means the common shares in the capital of the Company;

  • Shares means the shares of Common Stock issued or issuable to each Purchaser pursuant to this Agreement.

  • Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.

  • Common Shares means the common shares in the capital of the Corporation;

  • Dividend Shares means the shares of Common Stock issuable in payment of dividends payable on the Preferred Shares in accordance with the terms of the Certificate of Designation.

  • Preferred Shares means shares of Series A Junior Participating Preferred Stock, par value $.01 per share, of the Company having the rights and preferences set forth in the Form of Certificate of Designations attached to this Agreement as Exhibit A.

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.