Examples of Takeover Decree in a sentence
The consideration paid for the securities must be in cash and must represent the fair value of the securities with a view to safeguarding the interests of the holders of voting securities and securities granting access to such voting securities.The Takeover Law and the Takeover Decree provide for certain rules on the squeeze-out by majority shareholders of the minority shareholders and on the sell-out right of the minority shareholders.
In accordance with article 15, paragraph 3 of the Takeover Decree, Shares tendered on or prior to the original Acceptance Closing Time may be withdrawn during the Acceptance Period as extended.
Employees shall be entitled to paid sick leave at Total Salary if they satisfy the Company that they were unable to attend work due to sickness or injury.
In addition, the Acceptance Period may be extended in accordance with article 15 paragraph 9 of the Takeover Decree if the Offer Price is increased within seven (7) Business Days from the Acceptance Closing Date, in which case the Acceptance Period is by virtue of law extended to the effect that the Acceptance Period will be open for seven (7) Business Days from such increase of the Offer Price.
This EGM will also serve as general meeting required to be held in accordance with article 18 paragraph 1 of the Takeover Decree to discuss the Offer.
In accordance with Article 18, paragraph 1 of the Takeover Decree, Ballast Nedam shall convene an extraordinary general meeting (the “EGM”) to discuss the Offer.
In the event a third party has published a Competing Offer prior to the Acceptance Closing Time, the Offeror may extend the Offer past the Acceptance Closing Time to match the acceptance closing time of a Competing Offer, in accordance with article 15, paragraph 5 of the Takeover Decree.
Include in this amount any contributions raised through commercial co-ventures, in which the organization allows a corporation or other commercial entity to use the organization’s name in a sales promotion campaign (sometimes referred to as cause-related marketing).
In addition, as of today, KAS BANK, makes available the Position Statement, containing the information required by article 18 paragraph 2 and Annex G of the Takeover Decree in connection with the Offer.
This announcement constitutes a certain funds announcement as required by Article 7, paragraph 4 of the Dutch Public Takeover Decree (Besluit openbare biedingen Wft).