MTN Zakhele Futhi Ordinary Shares definition

MTN Zakhele Futhi Ordinary Shares means ordinary shares of no par value in the issued share capital of the Company. For the avoidance of doubt, references to the MTN Zakhele Futhi Ordinary Shares include references – changed as necessary – to any class of shares into which such shares may be converted (whether pursuant to the Companies Act or otherwise) and to such shares as they may be consolidated and sub-divided from time to time;
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Examples of MTN Zakhele Futhi Ordinary Shares in a sentence

  • Information will be communicated to all applicants on or before 23 December 2016 to inform them, inter alia, of the status of their applications, including, where applicable, the extent to which their applications were accepted and the number of MTN Zakhele Futhi Ordinary Shares that were allocated to them.

  • The total number of MTN Zakhele Futhi Ordinary Shares to be issued and allotted on 23 November 2016 is 123 416 822.

  • These new arrangements will be designed to improve productivity and efficiency in the workplace and enhance patience care.

  • Since the closing of the MTN Zakhele Futhi Offer, a detailed process of reconciliation has been undertaken to ensure that due process was followed during the finalisation of allocations of MTN Zakhele Futhi Ordinary Shares to applicants who made valid applications.

  • MTN Zakhele Futhi Ordinary Shares will be allotted and issued by MTN Zakhele Futhi to successful applicants on Wednesday, 23 November 2016.

  • As set out in paragraph 5 below, MTN has exercised the option for its nominee to subscribe for the MTN Zakhele Futhi Underwrite Shares and will accordingly subscribe for 27 848 672 MTN Zakhele Futhi Ordinary Shares for an aggregate consideration of R557 million.

  • Participants who are found to have misrepresented their BEE status or otherwise fail to qualify as part of the Black Public (or commit other material defaults during the Empowerment Period) may, at MTN's election, be forced to sell their MTN Zakhele Futhi Ordinary Shares to MTN, or persons identified by it, at a potentially significantly discounted price.

  • SALIENT TERMS OF THE RELATIONSHIP AGREEMENT The Relationship Agreement imposes restrictions on the Disposal (including by sale) and/or Encumbrance of MTN Zakhele Futhi Ordinary Shares and contains various other rights in favour of and/or obligations imposed on MTN Zakhele Futhi Ordinary Shareholders.

  • In terms of the MTN Zakhele Futhi Offer, which closed at 16h00 on Friday, 28 October 2016, an invitation was made (i) to the black public (individuals and groups) to subscribe for MTN Zakhele Futhi Ordinary Shares; and (ii) to qualifying MTN Zakhele Shareholders to re-invest all or a portion of their investment in MTN Zakhele into MTN Zakhele Futhi Ordinary Shares in accordance with the terms of the MTN Zakhele Unwinding Scheme.

  • The Re-investment Option effectively allows MTN Zakhele Shareholders to elect to re-invest the “proceeds” received from the sale of their MTN Zakhele Shares to MTN Zakhele in MTN Zakhele Futhi Ordinary Shares.

Related to MTN Zakhele Futhi Ordinary Shares

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • A Ordinary Shares means the ‘A’ ordinary shares of £1.00 each in the capital of the Company;

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • New Ordinary Shares means the new Ordinary Shares arising on Conversion of the C Shares;

  • Parent Ordinary Shares means the ordinary shares, no par value per share, of Parent.

  • Ordinary Shares means the ordinary shares, par value $0.0001 per share, of the Company.

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • Amalco Common Shares means the common shares in the capital of Amalco;

  • A Shares means shares issued by companies incorporated in the PRC and listed on the SSE or the SZSE, traded in RMB and available for investment by domestic investors through Stock Connect.

  • Class C Ordinary Share shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class A Ordinary Shares and having the rights provided for in these Articles;

  • Merger Sub Common Stock means the common stock, par value $0.01 per share, of Merger Sub.

  • ASA Shares has the meaning set forth in 2.4(a).

  • Additional Ordinary Shares means Ordinary Shares issued by the Guarantor following the issuance of the Subscribed Ordinary Shares;

  • Common Shares means the common shares in the capital of the Corporation;

  • Class A Common Shares means class A common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class A common shares may be converted.

  • Additional Shares of Common Stock means all shares of Common Stock issued (or, pursuant to Subsection 4.4.3 below, deemed to be issued) by the Corporation after the Series B Original Issue Date, other than (1) the following shares of Common Stock and (2) shares of Common Stock deemed issued pursuant to the following Options and Convertible Securities (clauses (1) and (2), collectively, “Exempted Securities”):

  • Amalco Shares means the common shares in the capital of Amalco;

  • Ordinary Shareholders means the holders of Ordinary Shares;

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Class B Common Shares means the Class B Convertible Voting Common Shares of the Company, par value $1.00 per share.

  • Purchaser Common Stock means the common stock, par value $0.01 per share, of Purchaser.

  • Ordinary Share Capital means any issued and outstanding shares of the Company with voting or other rights of management and control and any outstanding securities of the Company that are convertible into such shares at the option of the holder;

  • Company Ordinary Shares means the shares of par value $1.00 each in the Company.

  • shares of Common Stock means (i) the class of stock designated as the Common Stock of the Company at the date of this Agreement, or (ii) any other class of stock resulting from successive changes or reclassifications of such shares consisting solely of changes in par value, or from par value to no par value, or from no par value to par value. In the event that at any time, as a result of an adjustment made pursuant to paragraph (a) above, the Warrant Holders shall become entitled to purchase any securities of the Company other than shares of Common Stock, thereafter the number of such other securities so purchasable upon exercise of each Warrant and the Exercise Price of such securities shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the Warrant Shares contained in paragraphs (a) through (i), inclusive, above, and the provisions of Section 7 and Section 12.2 through 12.5, inclusive, with respect to the Warrant Shares, shall apply on like terms to any such other securities.