MTN Zakhele Shareholders definition

MTN Zakhele Shareholders means the Persons registered as holders of MTN Zakhele Ordinary Shares from time to time in its certificated or uncertified share register including, as the context requires, the beneficial holders thereof;
MTN Zakhele Shareholders the Persons registered as holders of MTN Zakhele Ordinary Shares from time to time in its certificated or uncertified share register including, as the context requires, the beneficial holders thereof;

Examples of MTN Zakhele Shareholders in a sentence

  • MTN Zakhele will thus not become a subsidiary of MTN and will continue to exist unless and until MTN Zakhele Shareholders resolve otherwise.In addition, MTN Zakhele’s assets will be reduced following the repayment of its funding obligations such that MTN Zakhele will no longer hold approximately 4% of MTN’s issued share capital but on the basis that it will no longer have any funding commitments (i.e. it will be debt free).

  • If MTN Zakhele Shareholders do not approve the resolutions required to give effect to the MTN Zakhele Unwinding Scheme (or, for any other reason, the MTN Zakhele Unwinding Scheme fails to become operative), neither the MTN Zakhele Integrated Unwind nor the MTN Zakhele Standalone Unwind will proceed and none of the above unwind options will be available to MTN Zakhele Shareholders.

  • In terms of the Indicative Capital Structure, based on an assumed level of re-investment of 23.78% of MTN Zakhele Shareholders (by aggregate shareholding), the number of Repurchase Loan Shares is presently calculated to be 11 024 255.

  • MTN Zakhele will be liable for capital gains tax on the MTN Shares held by it and disposed of in the manner described in the MTN Zakhele Unwind and will also be liable for dividends withholding tax (where applicable) in respect of the MTN Shares distributed to those MTN Zakhele Shareholders who elect to receive cash or MTN Shares.

  • As such, it is not feasible for this amount not be known at that date.The amendment is therefore aimed at increasing certainty for MTN Zakhele Shareholders as to the MTN Zakhele Scheme Consideration to which they may be entitled under the MTN Zakhele Unwinding Scheme and at enabling the Capital Structure Model to be timeously finalised.

  • The MTN Zakhele Scheme Circular (including as an annexe thereto, the Prospectus) proposing the MTN Zakhele Unwinding Scheme and including the MTN Zakhele Re-investment Offer will be sent to MTN Zakhele Shareholders on or about 12 September 2016, and will also be made available electronically to MTN Zakhele Shareholders via web platforms.

  • As explained more fully in paragraph 4.2 above, should the 2016 MTN BEE Transaction proceed, MTN Zakhele Shareholders will have the option to re-invest in the 2016 MTN BEE Transaction.

  • MTN Zakhele Shareholders will continue to hold their MTN Zakhele Shares and will not receive a distribution of the MTN Zakhele Net Assets as contemplated under the MTN Zakhele Unwinding Scheme (that is, none of the MTN Zakhele Unwinding Scheme Options will be available for distribution to MTN Zakhele Shareholders).

  • Personnel will not be required to occupy housing that does not meet adequacy standards except for military necessity.

  • It may be scaled down should public subscriptions under the MTN Zakhele Futhi Public Offer and/or the number of MTN Zakhele Shares in respect of which MTN Zakhele Shareholders elect the Re-investment Option not be sufficient.

Related to MTN Zakhele Shareholders

  • Existing Shareholders has the meaning set forth in the preamble.

  • Target Shareholders means the holders of Target Shares;

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;

  • Scheme Shareholders means the holders of Scheme Shares;

  • Overseas Shareholders holders of Scheme Shares who are resident in, ordinarily resident in, or citizens of, jurisdictions outside the United Kingdom;

  • Major Shareholders Means a person who has an interest or interests in one or more

  • Common Shareholders means the holders of the Common Shares.

  • Minority Shareholders means holders of Shares that were not tendered pursuant to the Offer or in the Subsequent Offering Period (as it may be extended by the Minority Exit Offering Period).

  • Preferred Shareholders means the holders of Preferred Shares.

  • Principal Shareholders means Xxxx X. Xxxx, Xxx X. Xxxxxxx and Xxxxx X. Xxxxxx, and their respective assignees or successors in interest.

  • Public Shareholders means the holders of Ordinary Shares included in the Units issued in the Public Offering; (v) “Public Shares” shall mean the Ordinary Shares included in the Units issued in the Public Offering; (vi) “Trust Account” shall mean the trust account into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; (vii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b); and (viii) “Charter” shall mean the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time.

  • Initial Shareholders means the Sponsor, the Directors and officers of the Company or their respective affiliates who hold shares prior to the IPO;

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • Locked-Up Shareholders means Xxxxx Xxxxxx, Xxxx Xxxx, Xxxxx Xxxxxxx, Xxxxxx Xxxxxxx, Xxxxx Xxxxxxxxx, Xxx Xxxxxxxx, Xxxx Xxxxxxx, Xxxxx Xxxxxxx, Ru Wadasinghe, Xxxxxxxx Xxxxx, Xxxx Xxxxx, Xxxx Xxxxx and Xxxx Xxxxxxxxx, together with any and all of their respective Affiliates and/or Associates (as defined in the Securities Act (Ontario)) that have beneficial ownership of, or exercise control or direction over, Common Shares or Convertible Securities.

  • Majority Shareholders means Sxx Xxxxxx, Sxxxx Xxxxx, Mxxxxxx Xxxxx and Gxxxx XxXxxxxx.

  • Selling Shareholders sections in substantially the form attached hereto as Exhibit B. The Company shall use its reasonable best efforts to have each Additional Registration Statement declared effective by the SEC as soon as practicable, but in no event later than the Additional Effectiveness Deadline. By 9:30 a.m. New York time on the Business Day following the Additional Effective Date, the Company shall file with the SEC in accordance with Rule 424 under the 1933 Act the final prospectus to be used in connection with sales pursuant to such Additional Registration Statement.

  • Ordinary Shareholders means holders of Ordinary Shares;

  • ² Shareholder means a person who owns shares in the company and is actively involved in the management of the company or business and exercises control over the company.

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Management Shareholders means Xxxxxx X. Xxxx, Xxxx X. Xxxxxxx, and Xxxxxx X. Xxxxxxxxx.

  • Other Shareholders means persons who, by virtue of agreements with the Company other than this Agreement, are entitled to include their securities in certain registrations hereunder.

  • Founders means all Members immediately prior to the consummation of the IPO.

  • Beneficial Shareholders means shareholders who do not hold Shares in their own name and “intermediaries” refers to brokers, investment firms, clearing houses and similar entities that own securities on behalf of Beneficial Shareholders.

  • Independent Shareholders means holders of Voting Shares, other than:

  • Majority Shareholder means a holder of more than fifty percent (50%) of the outstanding stock of the Company, or if no person holds more than fifty percent (50%) of the outstanding stock of the Company, the holder of a plurality of the outstanding stock of the Company.

  • Existing Stockholders means the stockholders of the Corporation immediately prior to the IPO as listed on Schedule A (including the Existing Stockholders Representative in its capacity as an Existing Stockholder) together with any Permitted Assignees.