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

  • Emperor Shareholders who accept the Offer will be able to trade their DRD Shares on the JSE.

  • Where DRD CDIs are issued, CHESS Depositary Nominees Pty Ltd (CDN), a wholly owned subsidiary of the ASX, will be registered as the legal owner of DRD Shares on the Australian register, holding on behalf of, and for the benefit of, the CDI holder.A summary of the rights and entitlements of CDI holders is set out below.

  • To do so, it will be necessary to first convert those DRD CDIs to DRD Shares.

  • CDIs enable DRD Shares to be cleared and settled electronically on the ASX.

  • DRD’s shareholder base is international and DRD Shares are heavily traded on several exchanges around the world, including the ASX, the JSE and Nasdaq.

  • Absent unusual circumstances and as set forth in the following three paragraphs, the DRD Shares received by Emperor Shareholders will be freely transferable and may be deposited in DRD’s unrestricted ADR Program by any person other than DRD, an underwriter or dealer, any of their respective affiliates or any person acting on behalf of any of them.

  • 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).

  • DRD is also included as a member of the Philadelphia Gold and Silver Index (a capitalisation weighted index comprised of the leading publicly traded companies involved in the mining of silver and gold).A summary of how DRD Shares are traded on the ASX, JSE and Nasdaq is set out below.

  • Emperor Shareholders should be aware that DRD Shares issued under the Offer will be issued in the form of DRD CDIs. Emperor Shareholders should be aware of the procedures for converting DRD CDIs into DRD Shares (see Annexure E generally), and the Transfer Restrictions that apply to the DRD Shares issued under the Offer (see sections 8.10 and section 4.2 of Annexure E of this Bidder’s Statement).

  • However, if The Bank of New York does not receive your voting instructions, it will give a proxy to vote your DRD Shares to a person designated by DRD, unless DRD does not wish the proxy to be given, substantial opposition exists or the issue at hand materially and adversely affects the rights of holders of DRD Shares.DRD cannot provide assurance that DRD ADS holders will receive the voting materials in time to ensure that each DRD ADS holder can instruct The Bank of New York to vote its DRD Shares.

Related to DRD Shares

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

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • 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.

  • Series D Shares means shares of Series D Convertible Preferred Stock, par value $0.001 per share of the Company and having the rights, privileges, preferences and restrictions set forth in the Charter.

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

  • Unit Shares has the meaning ascribed thereto in the first paragraph of this Agreement;

  • 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 any shares of Common Stock issuable in lieu of cash dividends paid or to be paid on the Series A Preferred.

  • 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.