Examples of Merlin Shares in a sentence
One Merlin ADR represents two Merlin Shares, and as at 27 June 2019, Xxxxxx had 1,186,271 Xxxxxx ADRs in issue, representing 2,372,542 ordinary shares held in ADR form.
Irrevocable undertakings • Bidco has also received an irrevocable commitment to vote in favour of the resolutions relating to the Acquisition at the Meetings (or in the event that the Acquisition is implemented by an Offer, to accept or procure acceptance of such Offer) from ValueAct, in respect of 95,224,988 Merlin Shares (representing approximately 9.30 per cent.
It may be difficult for US holders of Merlin Shares and Merlin ADR Holders to enforce their rights and any claim arising out of the US federal laws, since Bidco and Merlin are located in a non-US jurisdiction, and some or all of their officers and directors may be residents of a non- US jurisdiction.
One Merlin ADR represents two Merlin Shares, and as at 27 June 2019, Merlin had 1,186,271 Merlin ADRs in issue, representing 2,372,542 ordinary shares held in ADR form.
Merlin Shares are currently listed on the Official List and admitted to trading on the London Stock Exchange.
In particular, the ability of persons who are not resident in the United Kingdom to vote their Merlin Shares with respect to the Scheme at the Court Meeting, or to appoint another person as proxy to vote at the Court Meeting on their behalf, may be affected by the laws of the relevant jurisdictions in which they are located.
As at the close of business on 27 June 2019 (being the last practicable date prior to the date of this announcement), XXXXXX had a beneficial interest in 302,971,529 Merlin Shares, representing approximately 29.58 per cent.
As set out in paragraph 15, applications will be made for the cancellation of the listing of Merlin Shares on the Official List and the cancellation of trading of the Merlin Shares on the London Stock Exchange.
Accordingly, the Merlin Independent Directors intend to recommend unanimously that, in the case of the Court Meeting, the Scheme Shareholders and, in the case of the General Meeting, Merlin Shareholders vote in favour of the resolutions relating to the Acquisition at the Meetings as the Merlin Independent Directors who hold Merlin Shares have irrevocably undertaken to do in respect of their own beneficial holdings totalling 7,420,712 Merlin Shares (representing approximately 0.72 per cent.
US holders of Merlin Shares and Xxxxxx ADR Holders may not be able to sue a non-US company or its officers or directors in a non-US court for violations of the US securities laws.