Examples of IXEurope Shares in a sentence
The Proposals (excluding the arrangements regarding any IXEurope Shares issued after the Hearing Record Time) are to be effected by way of the Scheme, which is a scheme of arrangement under section 425 of the Companies Act, which requires the approval of Scheme Shareholders and the sanction of the Court.
The 4,545,001 IXEurope Shares subject to the Additional Irrevocables represent approximately 2.5 per cent.
As a result of the Share Purchase and the Additional Irrevocables, Equinix UK (a) owns and (b) has received irrevocable undertakings to vote in favour of the resolutions approving and implementing the Scheme to be proposed to the IXEurope Shareholders at the Court Meeting and the EGM, respectively, in respect of a total of 129,550,826 IXEurope Shares, representing approximately 71.5 per cent.
Southshire Limited in respect of 2,169,096 IXEurope Shares, in aggregate representing approximately 66.5 per cent.
The Proposals (excluding the arrangements regarding any IXEurope Shares issued after the Hearing Record Time) are to be effected by way of a scheme of arrangement under section 425 of the Companies Act, which requires the approval of IXEurope Shareholders and the sanction of the Court.
Equinix UK has received new irrevocable undertakings from certain other IXEurope Shareholders, namely IX Holdings LLC and certain funds managed by Milestone Capital to vote in favour of the resolutions approving and implementing the Scheme to be proposed to the IXEurope Shareholders at the Court Meeting and the EGM, respectively, in respect of 115,172,026 IXEurope Shares in aggregate, which represents approximately 63.6 per cent.
Accordingly, the IXEurope board believes that the Acquisition represents an opportunity for IXEurope Shareholders to realise an attractive valuation in cash for their IXEurope Shares.
Equinix UK has received further irrevocable undertakings from certain other IXEurope Shareholders, namely IX Holdings LLC and certain funds managed by Milestone Capital to vote in favour of the resolutions approving and implementing the Scheme to be proposed to the IXEurope Shareholders at the Court Meeting and the EGM, respectively, in respect of 115,172,026 IXEurope Shares in aggregate, which represents approximately 63.6 per cent.
On the Effective Date, share certificates in respect of the IXEurope Shares will cease to be valid and entitlements to IXEurope Shares held within the CREST system will be cancelled.
Acquisition of IXEurope Shares by Equinix UK Equinix UK is pleased to announce that it has acquired 4,544,999 IXEurope Shares at 140 pence in cash per IXEurope Share on 10 August 2007 (the “Share Purchase”).