Examples of Share Issue Mandate in a sentence
The Share Issue Mandate will end on the earliest of: (i) the conclusion of the next annual general meeting of the Company; (ii) the expiration of the period within which the next annual general meeting of the Company is required pursuant to the Articles or any applicable laws to be held; or (iii) the revocation or variation of the authority given under this resolution by an ordinary resolution of the Shareholders in general meeting.
In the event that the resolution relating to the Proposed Transfer is not passed, the resolution relating to the New Share Issue Mandate will also not be passed.
Details of the Share Issue Mandate and the extension of the Share Issue Mandate are set out in ordinary resolutions as referred to in resolutions 5 and 7, respectively, of the notice of Annual General Meeting.
The Share Issue Mandate will expire upon whichever is the earliest of: (a) the conclusion of the next annual general meeting of the Company; (b) the expiration of the period within which the next annual general meeting of the Company is required by the Articles of Association or by law to be held; and(c) the date on which the authority given under the ordinary resolution approving the Share Issue Mandate is revoked or varied by an ordinary resolution of the Shareholders.
The Share Issue Mandate will provide flexibility to the Company to raise funds by issue of Shares efficiently.
The Directors wish to state that concerning the Share Issue Mandate, they have no immediate plans to issue any new Shares of the Bank.
To keep in line with current corporate practice, the grant of fresh general mandates for the same purpose is being sought from Shareholders and ordinary resolutions to grant the Share Issue Mandate and Share Repurchase Mandate to the Directors will be proposed at the forthcoming AGM.
An ordinary resolution will also be proposed at the Annual General Meeting to grant the Directors the Share Issue Mandate to allot, issue and deal with new Shares up to a maximum of 20% of the aggregate nominal amount of the issued share capital of the Company at the date of passing of the resolution approving the Share Issue Mandate.
Fuchs, Bernhaupt, Hartwig, Kramer, Maier-Rabler Message Type0,40%4,80%7,30% 87,50%Announcements FactsQuestionsOpinion In 15 of the 28 analysed threads (53,6%), no solutions of the expressed political conflicts were found, in 13 cases (46,4%) no exchange of differing opinions was present either because the threads were very short and uncontroversial (12 threads with an average thread length of 6 messages) or there was no real debate, but only an exchange of obscenities and insults (1 thread).
Accordingly, the total number of Shares that may be issued pursuant to the Share Issue Mandate is 12,485,587,734 Shares, of which the maximum number of Shares that can be issued other than on a pro rata basis is 6,242,793,867 Shares.