Scheme Press Release definition

Scheme Press Release means a press release to be issued by or on behalf of Borrower or the Target announcing, in compliance with Rule 2.7, a firm intention to make an offer which is to be implemented by means of a Scheme or, as the case may be, a switch to a Scheme in accordance with Section 8 of Appendix 7 of the Takeover Code.
Scheme Press Release means each press release made by or on behalf of the Company and/or RPS Buyer announcing, in compliance with Rule 2.7 of the Takeover Code, a firm intention to make an offer which is to be implemented by means of the Scheme or, as the case may be, a conversion from an Offer to a Scheme in accordance with Section 8 of Appendix 7 to the Takeover Code.
Scheme Press Release means a press announcement released by the Borrower in accordance with Rule 2.7 of the City Code announcing that the Target Acquisition is to be effected by a Scheme and setting out the terms and conditions of the Scheme.

Examples of Scheme Press Release in a sentence

  • The Administrative Agent shall have received a draft Offer Press Release or Scheme Press Release (as applicable) in form and substance reasonably satisfactory to the Administrative Agent.

  • In the case of a Scheme, the Scheme Press Release contains all the material terms of the Scheme and the Scheme Circular reflects the Scheme Press Release in all material respects; and in the case of an Offer, the Offer Documents (taken as a whole) contain all material terms of the Offer and reflect the Offer Press Release in all material respects.

  • Although smart phones are not the only platform for deploying digital contact-tracing technologies, their relatively broad diffusion combined with user familiarity with downloading and using apps made smart phones an obvious vehicle.

  • Issue the Scheme Press Release promptly after the date of this Agreement and in any event within five Business Days of the date of this Agreement.

  • The Scheme Press Release (or the Offer Press Release if an Offer Conversion has occurred) contains (or will contain) all the material terms of the Scheme or the Offer , as applicable.


More Definitions of Scheme Press Release

Scheme Press Release means a press announcement to be released by or on behalf of the Offerors (or any of them, or on their behalf) to announce the terms and conditions of the Scheme.
Scheme Press Release means the press release dated 12 December 2016 announcing, in compliance with Rule 2.7 of the City Code, a firm intention to make an offer which is to be implemented by means of the Scheme.
Scheme Press Release means the press release announcing the terms of the Scheme in compliance with Rule 2.7 of the City Code, which shall be consistent in all material respects with the press release provided to the Administrative Agent pursuant to Section 4.01(c).
Scheme Press Release means the press release announcing, in compliance with Rule 2.5 of the Takeover Code, a firm intention to proceed with the Scheme.
Scheme Press Release means the press release announcing the terms of the Scheme in compliance with Rule 2.7 of the City Code, which shall be consistent in all material respects with the press release issued by the Parent on July 28, 2016.
Scheme Press Release a press announcement released by the Borrower and Constellation under Section 2.5 of the City Code to announce the terms of the pre-conditional Scheme.
Scheme Press Release means the press release to be made by or on behalf of BidCo and the Target announcing a firm intention to implement the Acquisition pursuant to the Scheme.