Examples of Share Splitting in a sentence
Share Splitting means the splitting by a holder of Shares into two or more parcels of Shares whether or not it results in any change in beneficial ownership of the Shares.
Share Splitting means the splitting by a holder of Virtus Shares into two or more parcels of Virtus Shares whether or not it results in any change in beneficial ownership of the Virtus Shares.
Share splitting Vocus may, acting reasonably and in consultation with M2, deem the holdings of two or more Scheme Shareholders to be held by one Scheme Shareholder in order to prevent any Share Splitting designed to obtain an unfair advantage by reference to the rounding referred to in Section 10.9(a).
The Scheme will contain standard provisions under which Bidder will have the discretion to deem the holdings of two or more Scheme Shareholders to be held by one Scheme Shareholder to prevent any Share Splitting designed to obtain unfair advantage by reference to such rounding.
Further, Mr. Toyohiko Teranishi has agreed that, after the implementation of the Share Splitting and following the instructions of the Offeror, he will terminate the Share Lending and return to Mr. Tadayuiki Teranishi and Kouyu all the Shares that are the subject of the Share Lending.