New Share definition
Examples of New Share in a sentence
New Share certificates shall be issued by Forum upon surrender of outstanding Share certificates in the form deemed by Forum to be properly endorsed for transfer and satisfactory evidence of compliance with all applicable laws relating to the payment or collection of taxes.
New Share certificates shall be issued by ADS upon surrender of outstanding Share certificates in the form deemed by ADS to be properly endorsed for transfer and satisfactory evidence of compliance with all applicable laws relating to the payment or collection of taxes.
Additionally, the Calculation Agent will determine the Strike Price/s of the New Share/s according to the Adjustment of the New Share provision.
The Strike Price of the New Share on the Substitution Date (SPNS) will be determined taking into account the proportional increase or decrease in the Affected Share/s price in the period between the moment on which the Strike Price was determined and the Exchange Business Day immediately prior to the Substitution Date.
The New Shares shall be subscribed for at par value, i.e. USD 0.01 per New Share.