Scheme Share definition
Examples of Scheme Share in a sentence
Completion of the subscription for the Excluded Scheme Share (the “Subscription Completion”) shall take place at a location of the Parties’ choosing on such date as the Parties shall agree but in any event prior to the Effective Time.
The Cancellation Price of HK$2.82 for each Scheme Share has been determined on a commercial basis after taking into account, among other things, the recent and historic trading prices of the Shares, publicly available financial information of the Group and the other privatisation transactions in Hong Kong in recent years.
Under the Proposal, if the Scheme becomes effective, the Disinterested Shareholders will receive from the Offeror the Cancellation Consideration in cash for every Scheme Share cancelled and the WMVL Shareholders will receive, for each of their Scheme Shares cancelled, the WMVL Cancellation Consideration.
Each Scheme Shareholder is entitled to receive the Consideration in respect of each Scheme Share held by that Scheme Shareholder subject to and in accordance with the terms of this agreement and the Scheme.
At the Exscientia General Meeting, voting on each of the Exscientia Scheme Implementation Proposal will be by poll and each Exscientia shareholder present in person or by proxy will be entitled to one vote for each Scheme Share held as at the Exscientia Voting Record Time.