Examples of Relevant Shareholding in a sentence
Paragraph 5 - For the purpose of calculation of the Relevant Shareholding percentage, involuntary shareholding increases resulting from cancellation of treasury shares, share buybacks or reduction of the Company's capital stock with the cancellation of shares shall not be computed.
HSBC Trustee has undertaken on behalf of each of the Trusts not to offer, sell, contract to sell, pledge, transfer any of its indirect shareholdings in NPL and/or any of the Intermediate Entities’ direct or indirect shareholdings in NPL (“Relevant Shareholding”) or otherwise enter into any agreement that will directly or indirectly constitute or will be deemed as a disposal of the Relevant Shareholding during the Moratorium Period.
Having made specific enquiry to all Directors of the Company, all Directors have expressed that they have complied with the required standard set out in the Model Code as stipulated by the Hong Kong Stock Exchange and the relevant requirements in the Management Regulations on the Shareholding of Directors, Supervisors and Management and Relevant Shareholding Changes(董事、監事和高級管理人員所持本公司股份及其變動管理規定)as stipulated by the Shanghai Stock Exchange.
The direct or indirect Controlling Shareholder, the shareholders that elect members of the Board of Directors, as well as any other individual or legal entity, or group of individuals or legal entities, acting jointly or representing the same interest, shall communicate to the Company the attainment, acquisition or disposal of Relevant Shareholding, including the information contained in the model form that constitutes Annex IV of this Disclosure Policy.
The Controlling Shareholders, direct or indirect, and the shareholders that elect members of the board of directors and the shareholders who elect a member of the Company's fiscal committee, shall report to the CVM, the Stock Exchange and the SEC, as the case may be, as well as disclosing in the newspapers of great circulation usually used by the Company, the acquisition or sale of Relevant Shareholding Interest immediately after the said interest is achieved or sold.
Relevant Shareholding: On September 6, 2022, the Company received a notice of acquisition of a relevant shareholding from Real Investor Gestão de Recursos Ltda, holding 5.25% of the total common shares at that time.