P&O Princess ADS definition

P&O Princess ADS means an American Depositary Share of P&O Princess, each of which currently represents four P&O Princess Ordinary Shares, and which is listed on NYSE;
P&O Princess ADS means an American Depositary Share of P&O Princess, each of which currently represents four P&O Princess Ordinary Shares, which is listed on the NYSE;

Examples of P&O Princess ADS in a sentence

  • A P&O Princess ADS holder should consult his or her tax adviser as to his or her qualification for an exemption from backup withholding and the procedure for obtaining such exemption.

  • Under United States federal income tax law, a P&O Princess ADS holder whose tendered P&O Princess ADSs are accepted for payment must, unless an exemption applies, provide the U.S. Exchange Agent with his or her correct Taxpayer Identification Number ("TIN") on Substitute Form W-9 on this Letter of Transmittal and certify, under penalties of perjury, that such number is correct and that he or she is not subject to backup withholding.

  • The consideration that will be given for each P&O Princess ADS tendered and exchanged is 1.2016 Carnival shares for each P&O Princess ADS.

  • All accepting P&O Princess ADS holders, by execution of this Letter of Transmittal, waive any right to receive any notice of the acceptance of their P&O Princess ADSs for payment.

  • The ratio of P&O Princess shares to P&O Princess ADSs will also be adjusted so that one P&O Princess ADS will be equivalent to one P&O Princess share and also to one Carnival share.

  • However, on implementation of the DLC transaction, it is intended that there will be a reorganisation of P&O Princess shares such that the equalisation ratio will become one Carnival share for each P&O Princess share and for each P&O Princess ADS.

  • The Partial Share Offer enables P&O Princess shareholders to elect to exchange P&O Princess shares for Carnival shares on the basis of 0.3004 Carnival shares for each P&O Princess share and 1.2016 Carnival shares for each P&O Princess ADS.

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