Examples of Excluded Shareholder in a sentence
The Company will distribute to the Excluded Shareholders the net proceeds of such sale of the Rights Shares referred to in Clause 5.1(b) (pro rata to their entitlements to Rights Shares had they been Qualifying Shareholders) except that a sum due to any Excluded Shareholder of less than HK$100 will not be distributed but will be retained, along with the proceeds of the sale of fractional entitlements, by the Company for its own use and benefit.
To qualify for the Rights Issue, a CAP Shareholder must be registered as a member of CAP and not being an Excluded Shareholder on the Record Date.
Election Form a form issued by or on behalf of Target for the purposes of an Excluded Shareholder making an Election, in a form agreed to by Target and Bidder.