Examples of Exempted Shares in a sentence
Shares which are Exempted Shares with respect to an Eligible Person shall also be Exempted Shares with respect to any other Person (whether or not otherwise an Eligible Person) to the extent that such other Person beneficially owns such shares solely as a trustee, executor, legal representative of an estate, custodian, legal guardian or other fiduciary of that Eligible Person (an "Eligible Person Fiduciary").
Shares which are Exempted Shares with respect to an Eligible Person or an Eligible Person Fiduciary are not thereby automatically Exempted Shares with respect to other Persons (whether or not otherwise an Eligible Person) who beneficially own such shares, as for example a Person with whom such Eligible Person or Eligible Person Fiduciary has an agreement, arrangement or understanding described in Section 1(c)(iii).
Short-Selling Exempted Shares Register The content of the register will remain unchanged until the reported exemptions are verified by the new RCA of the instrument (i.e. the exemptions for the UK instruments will continue to be published).
The financial consequences of the issuance of the 8,737,863 New Shares (i.e. Exempted Shares and Non-Exempted Shares) for the existing shareholders immediately prior to such issuance are summarized below.
For the purpose of determining the location of the principal venue for the trading of shares in accordance with Article 16 of SSR, CSDs should use the List of Exempted Shares under the Short Selling Legal Framework18 published by ESMA.