Examples of Sirius Shares in a sentence
Prior to the Scheme becoming Effective, it is intended that applications will be made to the London Stock Exchange to cancel trading in Sirius Shares on the London Stock Exchange’s Main Market for listed securities and to the FCA to cancel the listing of Sirius Shares from the Official List, in each case to take effect on or shortly after the Effective Date.
As at the date of this document, 341,638,313 number of Sirius Shares were on issue.
Xxxxxx will apply for a suspension of trading in Sirius Shares on the stock market conducted by ASX with effect from the close of trading on the Effective Date.
Xxxxxx is admitted to the official list of ASX and Sirius Shares are quoted on the stock market conducted by ASX.
The availability of the Acquisition to Sirius Shareholders who are not resident in the United Kingdom (and, in particular, their ability to vote their Sirius Shares with respect to the Scheme at the Court Meeting, or to appoint another person as proxy to vote at the Court Meeting on their behalf) may be affected by the laws of the relevant jurisdictions in which they are resident.
Sirius and IGO have agreed that a scheme of arrangement will be proposed under Part 5.1 of the Corporations Act between Sirius and the holders of Sirius Shares in accordance with this document, as part of the Transaction.
Subject to the terms of this document, on the Implementation Date, all of the Sirius Shares held by Scheme Shareholders will be transferred to IGO and the Scheme Shareholders will be entitled to receive the Share Scheme Consideration.
On the Effective Date, share certificates in respect of Sirius Shares shall cease to be valid and entitlements to Sirius Shares held within the CREST system shall be cancelled.
This is to be achieved by the transfer of the Sirius Shares to Bidco, in consideration for which the Sirius Shareholders who are on the register of members at the Scheme Record Time shall receive cash consideration on the basis set out in paragraph 2 of this announcement.
The receipt of consideration by a US holder for the transfer of its Sirius Shares pursuant to the Scheme shall be a taxable transaction for United States federal income tax purposes.