Sharesave Options definition

Sharesave Options means options over Ultra Shares granted to employees and former employees of Ultra and its subsidiaries under the Sharesave;

Sharesave Options means a right which has been granted to acquire Clinigen Shares under the Clinigen Sharesaves.

Sharesave Options means a right which has been granted to acquire CareTech Shares under the CareTech Sharesave.

Examples of Sharesave Options in a sentence

• We are writing to explain how the Acquisition will affect your Sharesave Options and the decisions you need to make.

• If Court Sanction does not happen for any reason, your Sharesave Options will continue as normal under the Sharesave Rules and you will not receive the One-off Cash Compensation Payment.

• The Offer Price is higher than the Option Price so you will make a profit.• If you select Choice A and exercise your Sharesave Options on Completion, you will also be eligible to receive a “One-off Cash Compensation Payment”.

• When taking students off the school premises, staff will ensure they always have the following:• A school mobile phone• A portable first aid kit• Information about the specific medical needs of students• Parents’ contact detailsRisk assessments will be completed by the Trip Leader prior to any educational visit that necessitates taking students off school premises.There will always be access to First Aid on school trips and visits.

• Please note that if your UK Sharesave Options have not been exercised by (at the latest) six months following the date of Court Sanction (explained further below), they will cease to be exercisable and will lapse, and your savings will be returned to you.

• If you hold any UK Sharesave Options which mature before Completion of the Acquisition, you must follow the instructions in the maturity email sent to you if you wish to use your savings to buy RSA Shares at a discount (see section 9 of this letter).

• ACTION REQUIRED: Please be aware that you will need to take action to receive any available profit from your UK Sharesave Options as this will NOT happen automatically.

• The discounted exercise price for UK Sharesave Options depends on the year in which your savings contract started, so calculations will vary (2020: £3.58, 2019: £4.25, 2018: £5.06, 2017:£5.20, 2016: £4.20 per RSA Share).2.

• In this case, you should contact the RSA share plans helpline on 0800 141 2955 (selecting Option 1), or by email to rsasaye@rsashareplans.com, if you wish to exercise your UK Sharesave Options on an earlier date.

• This is equal to the pre-tax profit you would have made had you continued to save and then exercised your UK Sharesave Options on the earlier of (i) six months after Court Sanction and (ii) their normal maturity, and sold the resulting RSA Shares under the Acquisition.

More Definitions of Sharesave Options

Sharesave Options means options over Biffa Shares granted under the Sharesave;

Sharesave Options means options over St. Modwen Shares granted to employees and former employees of St. Modwen and its subsidiaries under the Sharesave;

Sharesave Options means options over Meggitt Shares granted under the Sharesave; and “YBS” mean YBS Share Plans, part of Yorkshire Building Society.Notes

Sharesave Options means the outstanding options under the Sharesave;

Sharesave Options means the outstanding options under the Sharesave with an exercise price of £0.572 and £0.308 for the 2015 and 2016 grants, respectively;

Sharesave Options means an option or options over Micro Focus Shares granted under the Sharesave; and