Examples of Shareholder Consideration in a sentence
At that time, Imperial and Skadden advised that, under such circumstances, any consideration made available to shareholders was in the nature of a "gift." Nonetheless, the Independent Committee believed that the $2.00 cash per share represented by the Releasing Shareholder Consideration was a fair and appropriate payment to public shareholders and conditioned its recommendation to the Board of any transaction with the Nussdorf Family on that amount being made available to shareholders.
The exchange of Common Shares for the Shareholder Consideration in respect of any Non-Registered Shareholder is expected to be made with the Non-Registered Shareholder's Intermediary account through the procedures in place for such purposes between CDS & Co. and such Intermediary.
Pursuant to the Singapore Deed of Reorganisation, the Individual Shareholders Consideration was calculated based on nominal consideration amounting to an aggregate sum of US$100 for the transfer of all the shares in GCM, WGC, WGE and WGT to WG Corp and the proportion of the Individual Shareholder Consideration attributed to each Individual Shareholder was calculated based on his/her shareholding interest in each of GCM, WGC, WGE and WGT.
Shareholders should also refer to the instructions above under the question “How do I receive Trust Units or Exchangeable Shares in exchange for my Common Shares?” for guidance on receiving their Shareholder Consideration upon completion of the Arrangement.
The Minority Shareholder Consideration represents a premium of 15% to NAP's 30-day volume-weighted average price and 23% to NAP's 60-day volume-weighted average price on the Toronto Stock Exchange (“TSX”) as of October 4, 2019, the last trading day prior to the announcement of the Transaction.