Examples of Last Practicable Date in a sentence
As of the Last Practicable Date, the directors of NewCo are Alberto Calderon and Robert Hayes, each appointed on 10 February 2023.
According to information available to the company, AGA’s 5 (five) largest shareholders beneficially owned 40.70% (forty point seven percent) and the top 10 (ten) largest beneficially owned 55.64% (fifty five point six four percent) of the AGA Ordinary Shares as at the Last Practicable Date.
There are no legal or arbitration proceedings against NewCo or AGA (including any such proceedings that are pending or threatened), of which NewCo and AGA are aware, which may have, or have had, in the recent past, being at least the 12 (twelve) months before the Last Practicable Date, a material effect on the Group’s financial position.
Mr. Robert Hayes periodically receives, and has in the past received, awards under certain AGA equity plans, as a result of which he held a balance of 45,235 (forty five thousand two hundred and thirty five) AGA share awards and no AGA Ordinary Shares as of the Last Practicable Date.
The dividend rate on the C Preference Shares, assuming they were issued at Last Practicable Date, would be 11%.The C Preference Shares will default, in addition to the circumstances in which the A Preference Shares and B Preference Shares will default, if at any time Sasol exceeds a net debt to earnings before interest, taxation, depreciation and amortisation cover of 2,5 times.