Excluded Shareholders definition

Excluded Shareholders means, subject to certain exceptions, Shareholders who have aregistered address in, who are incorporated in, registered in or otherwise resident or located in any Excluded Territory;

Excluded Shareholders those persons whose registered addresses (as shown in the register of members of the Company on the Record Date) are outside Hong Kong, in respect of whom the Directors consider the exclusion from the Rights Issue to be necessary or expedient on account of either the legal restrictions under the laws of the relevant place or the “Existing Share Option Scheme” “Former Share Option Scheme” requirements of the relevant regulatory body or stock exchange in that place; the existing share option scheme adopted by the Company on 11 December 2015; the former share option scheme adopted by the Company on 22 December 2006 and terminated on 23 December 2015;

Excluded Shareholders means Shareholders with a registered address in or who are located in the United

Examples of Excluded Shareholders in a sentence

• Qualifying Shareholders who do not take up the Offer Shares to which they are entitled and the Excluded Shareholders should note that their shareholdings in the Company will be diluted upon completion of the Open Offer.

• 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.

• On the Record Date, each entry on the Piedmont Share Register (other than entries in respect of the Excluded Shareholders or their successors in title) will cease to have effect except as evidence of entitlement to the Scheme Consideration.

• In determining whether there will be Excluded Shareholders, CAP will make enquiry regarding the legal restrictions (if any) under the laws of the relevant places and the requirements of the relevant regulatory bodies or stock exchanges in relation to CAP’s offering of the Rights Shares to the Overseas Shareholders in compliance with the Listing Rules.

• The Company will then distribute such proceeds in Hong Kong dollars to the Excluded Shareholders pro rata (but rounded down to the nearest cent) to their shareholdings on the Record Date, except that individual amount of less than HK$100 shall not be so distributed but shall be retained for the benefit of the Company.

More Definitions of Excluded Shareholders

Excluded Shareholders means the holders of Series B Shares, the holders of Series C Shares, the holders of Series D Shares, the holders of Series E Shares, the holders of Series F Shares, the holders of Series G Shares, the holders of Series H Shares, the holders of Series I Shares, the holders of Series J Shares and TRDF, and, for purposes of clarification, such holders with respect to any Ordinary Share Equivalents held by such holders in addition to Series B Shares, Series C Shares, Series D Shares, Series E Shares, Series F Shares, Series G Shares, Series H Shares, Series I Shares or Series J Shares held by such holders.

Excluded Shareholders means, subject to certain exceptions, Shareholders who have a

Excluded Shareholders has the meaning ascribed thereto in Section 2.5(a);

Excluded Shareholders includes the persons defined as such in clause 9.4 and the holder of the Treasury Shares;

Excluded Shareholders means Existing Shareholders whose registered addresses, as shown in the register of members of the Company at the close of business on the Record Date, are outside Hong Kong in respect of whom the Directors, based on legal advice provided by legal advisers in the relevant jurisdictions, consider it necessary or expedient to exclude from the Rights Issue, on account either of the legal restrictions under the laws of the relevant place or the requirements of the relevant regulatory body or stock exchange in that place;

Excluded Shareholders means Overseas Shareholders and US Shareholders, save for any such holder who has before 2.00 p.m. on the Acceptance Date satisfied the Company and the Managers that it is permitted to take up its entitlement to Rights Shares in accordance with an applicable exemption from local securities laws which, in the case of any US Shareholder, shall require, inter alia, the delivery by such shareholder to the Company of a duly signed IAI Letter;

Excluded Shareholders means Shareholders who are registered as holders of Ordinary Shares on the Record Date but who do not have a registered address in Australia or New Zealand