Examples of Subordinated Voting Shares in a sentence
In such event, the transfer agent for the Subordinated Voting Shares shall deposit under the offer the resulting Multiple Voting Shares, on behalf of the holder.
Post conversion there are 3,345,881 Class A Multiple Voting Shares and 11,034,820 Class B Subordinated Voting Shares of Inscape Corporation issued and outstanding.
In such event, the Company shall deposit or cause the transfer agent for the Subordinated Voting Shares to deposit under the offer the resulting Multiple Voting Shares, on behalf of the holder.
In such event, the transfer agent for the Subordinated Voting Shares shall deposit under the offer the resulting Proportionate Voting Shares, on behalf of the holder.
Issued pursuant to a non-brokered private placement of Subordinated Voting Shares.
On October 30, 2020, pursuant to the articles of the Company and a stock control agreement dated December 9, 1997 among the Company, Bhayana Management, Madan Bhayana, and CIBC Mellon Trust Company, Bhayana Management converted its then-held 3,345,881 Multiple Voting Shares, being all of the issued and outstanding Multiple Voting Shares, into Subordinated Voting Shares, on the basis of one Subordinated Voting Share for each Multiple Voting Share converted.
The issue price of each DSU is equal to the weighted average share price at which Subordinated Voting Shares of the Company were traded on the TSX during the last five-day period of the quarter prior to the DSU issue.
In determining the number of incentive Options to be granted to the Named Executive Officers, the Board has regard to several considerations including previous grants of Options and the overall number of outstanding Options relative to the number of outstanding Subordinated Voting Shares, as well as the degree of effort, time, responsibility, ability, experience and level of commitment of the executive officer.
No provision of the Coattail Agreement will limit the rights of any holders of Subordinated Voting Shares under applicable law.
PGF and other funds managed by Pender hold, in aggregate, 7,927,321 Subordinated Voting Shares, representing 55.12% of the issued and outstanding Subordinated Voting Shares, which are held as follows: Pender Growth Fund Inc., 6,886,981 Subordinated Voting Shares (47.89%) and other funds managed by Pender 1,040,340 (7.23%).