Examples of Offeror Shareholders in a sentence
Right of Exit in a Change of Control of the Offeror or Yashili In the event of a Change of Control of the Offeror or of Yashili (other than a Change of Control as described under the section headed “Tag-along rights of Offeror Shareholders” of this latter), which shall be notified to the Offeror Shareholders in writing by the Offeror in accordance with the New Articles, the Offeror Shares Lock-Up Restrictions shall immediately lapse and for a period from the Unconditional Date until the earlier of.
Accordingly, while Zhang International has the power to veto matters which are connected transactions and other reserved matters, other Offeror Shareholders, holding a maximum of 4.8% of the Offerror Shares, may not be able to do so.
The price per Offeror Share at which the Offeror Shareholders may exercise their repurchase rights was determined through arm’s length negotiations, taking into account factors including, among others, the offer price of the Yashili Shares, the business prospects and development potential of the Yashili Group and the prevailing price - earning ratio of the Yashili Shares.
Comparative figures presented in the consolidated financial statements of New Hydrogenics will include the amounts previously reported by the Offeror up to the date the Offeror Shareholders exchange their Existing Hydrogenics Shares for New Hydrogenics Shares.
Unless waived by the Offeror, Shareholders are required to deposit the SRP Right associated with each Share prior to the Expiry Time in order to effect a valid deposit of such Share under the Offer or, if available, a Book-Entry Confirmation must be received by the Depositary with respect thereto.
Further details are set out in the sub-section headed “Rights of Offeror Shareholders if Yashili withdraws listing” under the section headed “Information of the Offeror” in the “Letter from UBS” contained in the Composite Document.
In that case, the interests of the Offeror Shareholders will be safeguarded primarily by the New Memorandum and New Articles, and provisions regarding minority shareholders’ interest protection under the British Virgin Islands Companies Law.
It is stated in the sub-section headed “Tag-along rights of Offeror Shareholders” under the section headed “Information of the Offeror” in the “Letter from UBS” contained in the Composite Document that Offeror Shareholders are entitled to tag-along rights under certain circumstances.
The right of Offeror Shareholders to require the Offeror to repurchase all of the Relevant Offeror Shares in certain circumstances at a price per Offeror Share which is equivalent to twenty times of the earnings per Offeror Share.
New Articles For more information on the Offeror and the rights available to the Offeror Shareholders, please see Appendix V — “Summary of the Constitution of the Offeror and British Virgin Islands Company Law” to this Composite Document.