Golden Shares definition

Golden Shares means the Company’s shares of class or classes (however designated) as the board of directors may determine in accordance with the Articles of Association.

Golden Shares means all of them;

Golden Shares have been a traditional means in some countries to ensure government influence over certain companies, especially after the privatisation of infrastructure assets. These shares typically grant voting rights in an enterprise beyond the proportion of invested capital and hence allow governments to exert control without committing significant capital. Many countries have abolished their golden share arrangements for various reasons in the 1990s, but in early 2019, as part of wider reforms, France expanded an existing “golden share” arrangement as a tool to manage essential security risks on a permanent basis – as an “owner”.33 A major technology

Examples of Golden Shares in a sentence

• The Company’s articles of association provide that the Golden Shares can only be transferred to other partnerships (samenwerkingsverbanden) between municipalities and to municipalities, provinces or other public law entities or private companies that are controlled directly or indirectly by public law entities.

• The Golden Shares can only be transferred per lot of three Golden Shares.

• All shares are ordinary shares, listed on Euronext Brussels, with the exception of 30 Golden Shares and 94,843 Liquidation Dispreference Shares to which certain specific rights or obligations are attached, as described in the articles of association and the Corporate Governance Charter.

• See James Kanter, EU’s Top Court Further Curbs Use of Golden Shares, Wall St. J., May 14, 2003, at A12.

• Golden Shares for Governments: A type of share that gives its shareholder veto power over changes to the company's charter.

• All shares are ordinary shares, listed on Euronext Brussels, with the exception of 30 Golden Shares and 1,665,087 Liquidation Dispreference Shares to which certain specific rights or obligations are attached, as described in the Articles of Association and the Corporate Governance Charter.

• The board of directors hereby gives the following explanations concerning the respective elements to be addressed under these rules:• A comprehensive overview of the capital structure of the Company can be found in note 5.11 to the consolidated financial statements of the Company.• Restrictions on the transfer of shares extend only to the 30 Golden Shares.

• The Golden Shares attribute certain rights to the financing intercommunales (who hold all 30 Golden Shares) in relation to the public interest guarantees, as further described in the articles of association and the Corporate Governance Charter of the Company.- Share option and share purchase plans are described in Notes 5.10.1 and 5.10.2 to the consolidated financial statements of the Company.

• But see Jaron Van Bekkum, Joost Kloosterman & Jaap Winter, Golden Shares and European Company Law: The Implications of Volkswagen, 5 EUR.

• The Company’s articles of association provide that the Golden Shares can only be transferred to other partnerships(samenwerkingsverbanden) between municipalities and to municipalities, provinces or other public law entities or private companies that are controlled directly or indirectly by public law entities.

More Definitions of Golden Shares

Golden Shares means those shares of HKND designated as Golden Shares in the memorandum and articles of association of HKND and having the rights and being subject to the restrictions as set out in the memorandum and articles of association of HKND and the Securityholders' Agreement;

Golden Shares means that the Italian Go