Loan Note Alternative definition

Loan Note Alternative means an alternative to a cash offer represented by loan notes “LSE” means the London Stock Exchange

Loan Note Alternative means the option made available to Holders of Target Shares, subject to the terms and conditions set out in the Scheme Document, to elect to receive Loan Notes in place of the cash consideration otherwise payable.

Loan Note Alternative means the alternative whereby Charles Stanley Shareholders (other than Charles Stanley Shareholders

Examples of Loan Note Alternative in a sentence

• The Loan Note Alternative will not be made available to participants in the Charles Stanley Share Schemes as part of these proposals.

• Full details of the Loan Note Alternative and an estimate of the value of the Loan Notes by Raymond James Financial International Limited for the purposes of Rule 24.11 of the Code will be contained in the Scheme Document.

• A duly completed election to participate in the Loan Note Alternative will be valid even if made by an eligible Cazenove Capital Shareholder who has voted against the Scheme.

• Further detail in relation to the Loan Note Alternative is set out in Section 11 below.

• This is to be achieved by the transfer of the Charles Stanley Shares to Bidco in consideration for which the Charles Stanley Shareholders who are on Charles Stanley’s register of members at the Scheme Record Time will receive the cash consideration (or, if a valid election is made, Loan Notes pursuant to the Loan Note Alternative) on the basis set out in Section 2 (The Acquisition) of this Announcement.

More Definitions of Loan Note Alternative

Loan Note Alternative means the option of an ERA Shareholder to receive Loan

Loan Note Alternative the option whereby Charter Shareholders (other than certain Overseas Shareholders) may elect to receive Loan Notes instead of some or all of the cash consideration to which they would otherwise be entitled under the Acquisition

Loan Note Alternative means the option made available to holders of Target Shares in the Offer Document to elect to receive loan notes of Bidco in place of the cash consideration otherwise payable;

Loan Note Alternative means the alternative whereby Charles Stanley Shareholders (other than Charles Stanley Shareholders resident or located in a Restricted Jurisdiction) may elect to receive Loan Notes in lieu of part or all of the cash consideration to which they would otherwise be entitled under the Acquisition;

Loan Note Alternative means the alternative whereby Iris shareholders entitled to participate in the Acquisition (other than Restricted Overseas Persons) may elect, subject to certain limitations and conditions, to receive Loan Notes on the basis of £1.00 nominal of Loan Notes for each £1.00 of cash consideration for all or part of the cash consideration to which they would otherwise be entitled pursuant to the terms of the Acquisition;

Loan Note Alternative the alternative to the Cash Offer being the exchange of Xpediator Shares for Loan Notes in lieu of part or all of the cash consideration to which Scheme Shareholders would otherwise be entitled under the Cash Offer, as detailed in paragraph 10 of this Announcement;

Loan Note Alternative means the alternative available under the Scheme whereby Scheme Shareholders (other than Restricted Overseas Persons) may elect, subject to certain limitations and conditions, to receive Loan Notes instead of all or part of the cash consideration to which they would otherwise be entitled pursuant to the Scheme.