Examples of Prism Shares in a sentence
If any dividend or other distribution is declared, made or paid in respect of Blue Prism Shares on or after the date of this Announcement, Bidco reserves the right to reduce the Acquisition Price by the amount of such dividend or other distribution in which case any reference in this Announcement to the Acquisition Price payable under the terms of the Acquisition will be deemed to be a reference to the Acquisition Price so reduced.
The International Securities Identification Number (ISIN) of the Blue Prism Shares is GB00BYQ0HV16.
In accordance with Rule 2.9 of the Takeover Code, Blue Prism confirms that as at the date of this Announcement, it has in issue and admitted to trading on AIM 97,112,554 Blue Prism Shares (excluding Blue Prism Shares held in treasury).
The receipt of cash pursuant to the Acquisition by a US Blue Prism Shareholder as consideration for the transfer of its Blue Prism Shares pursuant to the Scheme will likely be a taxable transaction for US federal income tax purposes and under applicable US state and local, as well as foreign and other, tax laws.
No redeployment of Blue Prism’s fixed asset base is envisaged.Trading facilities Blue Prism Shares are currently admitted to trading on the London Stock Exchange’s AIM market, and, as set out in paragraph 15 below, subject to the Scheme becoming Effective, an application will be made to the London Stock Exchange to cancel the admission of Blue Prism Shares to trading on AIM.
In addition, the Blue Prism Co-Founders have provided letters of intent to vote in favour of the Scheme at the Court Meeting and the Special Resolution(s) to be proposed at the Blue Prism General Meeting in respect of their own beneficial holdings of 6,040,140 Blue Prism Shares, representing, in aggregate, approximately 6.2 per cent.
Further, if sufficient acceptances of such Takeover Offer are received and/or sufficient Blue Prism Shares are otherwise acquired, it would be the intention of Bidco to apply the provisions of the Companies Act to acquire compulsorily any outstanding Blue Prism Shares to which such Takeover Offer relates.The Acquisition shall be made subject to the Conditions and further terms set out in Appendix I to this Announcement and to be set out in the Scheme Document.
Bidco has received irrevocable undertakings from each of the Blue Prism Directors who hold interests in Blue Prism Shares to vote in favour of the Scheme at the Court Meeting and the Special Resolution(s) to be proposed at the Blue Prism General Meeting in respect of a total of 6,092,573 Blue Prism Shares, representing approximately 6.3 per cent.
Bidco has therefore received irrevocable undertakings and letters of intent in respect of a total of 22,261,402 Blue Prism Shares representing, in aggregate, approximately 23.0 per cent.
The availability of the Acquisition to Blue Prism Shareholders who are not resident in the UK (and, in particular, their ability to vote their Blue Prism Shares with respect to the Scheme at the Court Meeting, or to appoint another person as proxy to vote at the Court Meeting on their behalf) may be affected by the laws of the relevant jurisdictions in which they are resident.