Examples of Exempt Newco Scheme in a sentence
Exempt Newco Scheme means a Newco Scheme where immediately after completion of the relevant Scheme of Arrangement the ordinary shares or units or equivalent of Newco (or depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco) are (i) admitted to trading on a Recognised Stock Exchange or (ii) admitted to listing on such other regulated market as the Issuer or Newco may determine.
Exempt Newco Scheme means a Newco Scheme where immediately after completion of the relevant Newco Scheme, the ordinary shares or units (or equivalent) of Newco (as defined below) are: (a) admitted to trading on the Relevant Stock Exchange; or (b) admitted to listing on such other regulated, regularly operating, recognised stock exchange or securities market as the Issuer or Newco may determine.
The Convertible Bonds are expected, with effect from the scheme (which is an "Exempt Newco Scheme", as defined in the terms and conditions of the Convertible Bonds) becoming operative and subject to certain amendments to the terms and conditions being effected at the same time, to be convertible into Steinhoff NV shares at the election of the bondholders, with conversion prices and adjustments referenced in Euro.
Exempt Newco Scheme means a Newco Scheme where immediately after completion of the relevant Scheme of Arrangement the ordinary shares or units or equivalent of Newco (or depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco) are (i) admitted to trading on a Recognised Stock Exchange or (ii) admitted to listing on such other regulated market as CYBG or Newco may determine.
The holder of each Bond will have the right to require the Issuer to redeem that Bond following the occurrence of a Change of Control (other than pursuant to an Exempt Newco Scheme) on the Change of Control Put Date at its principal amount together with interest accrued to, but excluding such date.