Examples of SIP Shares in a sentence
Registered in England and Wales No. 2729260.Atkins SIP letter – 2 SIP Shares When is the Acquisition likely to take place?The Acquisition is currently anticipated to become effective in the second half of 2017.
The following is a summary of the Company’s options issued and outstanding under the SIP: Shares The average remaining contractual term of the options outstanding and exercisable at June 30, 2021 was 1.91 years.
The sale proceeds will be paid to you by the Trustee as soon as reasonably practical.What if you have questions?If you have any questions that relate to your SIP Shares, please contact Capita IRG Trustees Limited at AtkinsSIP@capita.co.uk or 0371 664 0546.
Details on how and when to vote are provided in the accompanying SIP Schedule.If you do not wish to vote, you do not need to do anything for your SIP Shares to be sold.
Under the SIP Plan, eligible employees can receive "Free Shares" within HMRC guidelines, purchase ordinary shares from the market (the "Partnership Shares"), as well as receive "Matching Shares" which are issued without any consideration payment in connection with an acquisition of Partnership Shares (collectively referred to as "SIP Shares").
These SIP shares are known as Dividend Shares.Subject to being allowed to deal under the Company’s Securities Dealing Code, a copy of which can be found on AXIS, you can sell your SIP Shares at any time except for any Dividend Shares still in the three-year holding period.
Your SIP Shares will be dealt with as normal, subject to the SIP rules.
You may also have chosen to receive any dividends paid on your SIP Shares in the form of additional shares.
If no voting instructions are received by the times listed in the letter accompanying this schedule, the Trustee will abstain from voting in respect of your SIP Shares.
This means that the Trustee, as the registered holder of your SIP Shares, will be able to cast your vote at the Atkins Shareholder Meetings.You should follow the instructions in the below question “How do I vote”.