Share Consolidation definition

Share Consolidation means the share consolidation of 20 ordinary shares with par value of US$0.0001 each in the Company’s issued and unissued share capital into one ordinary share with par value of US$0.002 each of the Company effective on April 21, 2022, and the share consolidation of 12 ordinary shares with par value of US$0.002 each in the Company’s issued and unissued share capital into one ordinary share with par value of US$0.024 each of the Company effective on November 29, 2023.
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Share Consolidation means the share consolidation of the Common Shares on the basis of one (1) post-consolidation Common Share for every three (3) pre-consolidation Common Shares;
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Share Consolidation the proposed consolidation of every ten (10) Existing Shares of par value of HK$0.01 each into one (1) Consolidated Share of par value of HK$0.10 each in the share capital of the Company
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Examples of Share Consolidation in a sentence

  • Assumes each recipient of Resulting Issuer Shares that was a holder of Pubco Shares immediately prior to the Pubco Share Consolidation, holder of F▇▇▇▇ Shares, recipient of the financial advisory fee, and a Canadian Elector receives only Resulting Issuer Subordinate Voting Shares and each other recipient of Resulting Issuer Shares receives 25% Resulting Issuer Subordinate Voting Shares and 75% Resulting Issuer Proportionate Voting Shares.

  • The Company shall be satisfied in its sole discretion that, immediately prior to the Effective Time, Schyan shall have implemented the Schyan Share Consolidation and the Share Structure Amendment.

  • No fractional Common Shares will be issued in connection with the Share Consolidation, and any Common Shares to be issued shall be rounded down to the nearest whole number of Common Shares.

  • The circular setting out, amongst others, the terms of the Proposed Acquisition, the Proposed Share Consolidation and the opinion and recommendations of the IFA in relation to the Whitewash Waiver (the “Circular”), together with a notice of EGM, will be despatched by the Company to Shareholders in due course.

  • Except as otherwise provided in this Section 2.4(a), each such Parent Share Option adjusted pursuant to this Section 2.4(a) shall continue to have, and shall be subject to, the same terms and conditions as applied to the Parent Share Option as of immediately prior to the Parent Share Consolidation.


More Definitions of Share Consolidation

Share Consolidation means the TSX and shareholder approved consolidation of the Company's issued and outstanding common shares on a one post-consolidation share for every fifteen pre-consolidation shares (1:15) basis made effective on Thursday, April 27, 2017.
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Share Consolidation means the consolidation of outstanding Bluenose Shares on the basis of ten (10) pre-consolidation Bluenose Shares for each one (1) post-consolidation Bluenose Share (10:1), which occurred on February 24, 2020, immediately prior to the completion of the RTO Transaction.
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Share Consolidation means the TSX and shareholder approved consolidation of the then existing Common Shares and Warrants of the Company on a one-for-twenty-five basis, effective at the opening of trading on June 18, 2013.
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Share Consolidation means the consolidation of the existing Common Shares on a one-for- three (1:3) basis, for which Shareholder approval will be sought at the Shareholders’ Meeting;
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Share Consolidation means the consolidation of the 134,674,390 issued £0.01 par value ordinary shares of the Company into 26,934,878 US$0.10 par value ordinary shares of the Company, on the basis of one new ordinary share for five existing ordinary shares of the Company effected on May 8, 2007;
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Share Consolidation means the consolidation of NAP’s issued and outstanding Common Shares on the basis of one (1) New Common Share for every 400 Common Shares.
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Share Consolidation means the consolidation of the 134,674,390 issued Pre-Consolidation Ordinary Shares into 26,934,878 Ordinary Shares, on the basis of one new Ordinary Share for five existing Pre-Consolidation Ordinary Shares effected on May 8, 2007;
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