Examples of Wincor Nixdorf Shares in a sentence
The volume weighted average stock exchange price of Wincor Nixdorf Shares determined by BaFin for the three month period prior to the publication of the press release on April 8, 2016 is €46.79.
Pursuant to Article 5 of the Agreement, Diebold KGaA undertakes upon demand of each outside Wincor Nixdorf Shareholder to purchase such shareholder’s Wincor Nixdorf Shares in exchange for cash compensation (Section 305 para.
Simultaneously, with (Zug um Zug) proper transfer of the Wincor Nixdorf Shares, the Exit Compensation will then be paid out.
Upon effectiveness of the Agreement, the obligation of Diebold KGaA to purchase the Wincor Nixdorf Shares of the outside Wincor Nixdorf Shareholders in exchange for payment of the Exit Compensation set out in Article 5 para.
When determining the Exit Compensation, PwC and the Parties took further into account the stock exchange price for the Wincor Nixdorf Shares.
The Wincor Nixdorf Shareholders who want to make use of the offer for the Exit Compensation must instruct their depositary bank to make available their Wincor Nixdorf Shares to the central processor via the collective custody system for the purpose of receiving the Exit Compensation.
The Takeover Offer was subject to – inter alia – the closing condition that a minimum acceptance rate of 22,362,159 Wincor Nixdorf Shares (this corresponds to about 67.6% of all Wincor Nixdorf Shares existing as of the date of the approval of publishing the offer document by the Federal Financial Supervisory Authority (BaFin)) is achieved.
This is determined on the basis of a volume weighted average stock exchange price for Wincor Nixdorf Shares determined by BaFin for the three month period prior to the announcement by Diebold Inc.
This corresponds to an amount of €53.34 for each outstanding Wincor Nixdorf Share given 29,816,211 outstanding Wincor Nixdorf Shares (excluding Wincor Nixdorf Treasury Shares).
In addition, they may accept the offer of Exit Compensation (see Section IV.1.5) and sell their Wincor Nixdorf Shares to Diebold KGaA.