Examples of SDL Shares in a sentence
RWS has therefore received irrevocable undertakings and letters of support in respect of a total number of 30,907,517 SDL Shares representing, in aggregate, approximately 33.9 per cent.
RWS has also received non-binding letters of support from the SDL Shareholders listed in Part B of Appendix 3 to vote in favour of the Scheme at the SDL Court Meeting, and in favour of the SDL Resolution to be proposed at the SDL General Meeting, in respect of 30,515,552 SDL Shares representing, in aggregate, approximately 33.4 per cent.
Further, if sufficient acceptances of such Takeover Offer are received and/or sufficient SDL Shares are otherwise acquired, it is the intention of RWS to apply the provisions of section 979 of the Companies Act to compulsorily acquire any outstanding SDL Shares to which such Takeover Offer relates.
If RWS is required by the Panel to make an offer for SDL Shares under the provisions of Rule 9 of the Takeover Code, RWS may make such alterations to the Conditions and certain further terms of the Combination as are necessary to comply with the provisions of that Rule.
The SDL Directors who are interested in SDL Shares have irrevocably undertaken to vote in favour of the Scheme at the SDL Court Meeting, and in favour of the SDL Resolution to be proposed at the SDL General Meeting, in respect of their own beneficial holdings (and the beneficial holdings which are under their control) of 391,965 SDL Shares representing, in aggregate, approximately 0.4 per cent.
In the event that the Combination is to be implemented by way of a Takeover Offer, the SDL Shares will be acquired pursuant to such offer fully paid and free from all liens, charges, equitable interests, encumbrances and rights of pre-emption and any other interests of any nature whatsoever and together with all rights attaching thereto.
This Announcement does not constitute, or form part of, an offer or invitation to purchase SDL Shares or any other securities.
All Closing Prices for SDL Shares and RWS Shares have been derived from the Daily Official List and represent the Closing Price of the relevant shares on the relevant date.
The Company may accept an offer only by giving written notice (“Acceptance Notice”) to the Transferor before the offer expires that the Company has accepted the offer to purchase some or all of the SDL Shares offered (the “Accepted Securities”).
If SDL or any of its Affiliates (collectively, a “Transferor”) proposes to sell, assign, hypothecate or otherwise transfer (a “Transfer”) any of the SDL Shares, other than pursuant to the provisions of Section 6.4 of this Agreement, the Transferor shall first give the Company the right to purchase such SDL Shares by delivering to it a written offer which shall state the price and other terms and conditions of the proposed Transfer.