Examples of Public Transaction in a sentence
If listing to the Equities Premium has been requested, the fact that a Public Transaction has taken place shall be proved by a declaration of the Issuer on that the Public Transaction complies with the conditions as defined by the Regulations on Listing and Continued Trading or a petition addressed to the Exchange requesting that it should dispense with a Public Transaction.
Issuers of equity series that were listed after July 1, 2005, and are in Equities Standard Market on the day when the amendment of present Regulations on Listing and Continued Trading as approved by Resolution 41/2012 of the Management Board enters into force, are obliged to carry out the Public Transaction that refers to the equity series concerned by August 31, 2013 at the latest.
The Public Transaction requirement may be waived by the Exchange based on the recommendation of the Committee of Issuers.
If the Company has not completed a Going Public Transaction, it shall be a condition to the issuance of any shares upon conversion of this Debenture that the Holder enter into a shareholders' agreement in form and substance satisfactory to the Holder and the Company or the Reporting Issuer, as applicable.
If in the case of a postponement defined in Section6.3.4 an Issuer fails to carry out a Public Transaction that refers to the equity series to be listed within the set time limit, the Exchange may – acting at the recommendation of the Committee of Issuers of the Exchange – decide to reclassify the equity series concerned into the Equities Standard Market.