Examples of Vodafone Shareholders in a sentence
Promptly following the Scheme Closing, pursuant to and in accordance with the terms of the Vodafone Scheme, the Verizon Shares shall be distributed by or on behalf of Verizon to the Vodafone Shareholders in respect of their Vodafone Class B Shares or Vodafone Class C Shares, as applicable.
It is expected that certificated individual Vodafone Shareholders resident in, or with a registered address in, the EEA (other than Croatia) and uncertificated Vodafone Shareholders will receive Verizon CDIs rather than New Verizon Shares.
Vodafone Shareholders who are eligible to participate in the Dealing Facility may be required to provide evidence of their identity, where required by applicable anti-money laundering laws, if they wish to sell their Verizon CDIs through the Dealing Facility.
If the Court did not sanction the Scheme or confirm the Capital Reductions, then the Verizon Consideration Shares would still be distributed to Vodafone Shareholders as soon as practicable after completion of the VZW Transaction and in satisfaction of a special dividend on the Ordinary Shares held by them at such record time as the Directors may determine, but Vodafone would be unable to pay the Cash Entitlement in the Return of Value.
Those Vodafone Shareholders who are eligible to participate in the Dealing Facility and elect to sell their Verizon CDIs through the Dealing Facility will receive the cash proceeds of such sale by cheque in the currency in which they currently receive dividend payments from Vodafone (being Pounds Sterling or Euros) or, if they have validly elected to receive their Returned Cash in another currency (being Pounds Sterling, Euros or U.S. Dollars), in that same currency.
Vodafone Shareholders who are eligible to sell their Verizon CDIs through the Dealing Facility should refer to the Vodafone Circular and the documents enclosed with it for further details of the Dealing Facility.
The mechanism for determining the number of New Verizon Shares to be issued in the Transaction presents several risks to Vodafone Shareholders: • First, because the number of New Verizon Shares to be issued depends on the Average Trading Price during the Measurement Period, Vodafone Shareholders cannot currently determine the exact number of New Verizon Shares to be issued in the Transaction.
There will be material differences between the current rights of Vodafone Shareholders as holders of Vodafone Shares, such as rights related to pre-emption, and the rights they can expect as holders of Verizon Shares.
This Agreement may be modified or amended by agreement of the Parties, by action taken or authorized by their respective boards of directors, at any time prior to the Effective Time; PROVIDED, HOWEVER, that, after approval by shareholders of the matters presented at the AirTouch Shareholders Meeting or the Vodafone Shareholders Meeting, no modification or amendment shall be made which under applicable Law requires further approval by such shareholders without such further approval.
The quantitative goodwill impairment analysis was performed in accordance with the provisions of ASC 350 and ASU 2017-04.