Examples of SPV Shares in a sentence
Upon the Scheme becoming effective, the Offeror will transfer all such fully paid-up SPV Shares to the Independent Shareholders.
It is to ensure that the number of SPV Shares will be the same as the number of Shares held by the Scheme Shareholders when the Scheme becomes effective.
If the A-Share Listing cannot be completed, the Independent Shareholders will be holding onto unlisted SPV Shares for which there is no exchange platform for transfers.
When the total number of Shares held by the Scheme Shareholders is ascertained before the Scheme becomes effective, the Offeror will subscribe for further SPV Shares at par value (if there is a par value) and fully pay for such shares.
If the A-Share Listing cannot be completed, the Independent Shareholders will be holding on to unlisted SPV Shares for which there is no exchange platform for transfers.