Takeover Scheme definition

Takeover Scheme means a takeover scheme made in accordance with section 635(b) of the Corporations Law in respect of a Relevant Class of Shares in the Company.

Takeover Scheme shall have the meaning ascribed to that term in the Rules;

Takeover Scheme means the takeover scheme constituted by the Offers for Stanley Shares;

Examples of Takeover Scheme in a sentence

• Within 30 days from receipt ofnon-objection or any comments from the Regional Director and the Department of Banking, and after incorporation and adoption of all comments, the Board shall approve the Management Plan, which approval shall be recorded in the minutes of the Board meeting.

• Since Bidvest Group is the controlling shareholder of Bidvest Namibia with a shareholding of 66.024%, no Competition Commission approval is required to implement the Take-over Scheme, i.e. for Bidvest Group to increase its shareholding to 100% in Bidvest Namibia.

• If a Prescribed Resolution to approve a Proportional Takeover Scheme has not been voted on in accordance with this rule 14.3 before the relevant day, a Prescribed Resolution to approve the Proportional Takeover Scheme will be taken to have been passed in accordance with this rule 14.3 on the relevant day.

• Subject to rule 14.3(c), a person who, as at the end of the day on which the first offer under the Proportional Takeover Scheme was made, held shares of the relevant class is entitled to vote on the Prescribed Resolution relating to the Proportional Takeover Scheme and, for the purposes of so voting, is entitled to one vote for each such share held at that time.

• Since the Take-over Scheme falls within the ambit of a related party transaction, approval of the Delisting Resolution must be resolved upon at a duly constituted General Meeting of Bidvest Namibia, by more than 50% of all shareholders present or represented by proxy at the General Meeting, excluding any controlling shareholder (i.e. Bidvest Group), its associates, and any party acting in concert, and/or any other party which the NSX deems appropriate, all of whose votes may not be counted.

More Definitions of Takeover Scheme

Takeover Scheme means a takeover scheme made in accordance with Part 6.3 of the Corporations Act (as contemplated by clause 6.12).” The following new clause 6.12 is inserted immediately following clause 6.11:

Takeover Scheme means a takeover scheme made in accordance with Part 6.3 of the Corporations Act (as contemplated by clause 6.12). The following new clause 6.12 is inserted immediately following clause 6.11: 6.12 Proportional Takeover SchemeSubject to the Listing Rules, if offers are made relating to a proportion of the shares in a class of shares in accordance with Part 6.3 of the Corporations Act, the Company must not register a transfer giving effect to a contract resulting from the acceptance of an offer made under that takeover scheme unless and until a resolution to approve that takeover scheme is passed in accordance with the provision of schedule 1. The following new schedule 1 is inserted as schedule 1 to the Constitution: SCHEDULE 1 – PROPORTIONAL TAKEOVER SCHEME

Takeover Scheme means the takeover scheme under the Corporations Law constituted by the Offers.

Takeover Scheme means the takeover scheme constituted in accordance with Division 1 of Part 6.3 of the Corporations Law pursuant to which Purchaser proposes to make offers to acquire all the Shares and ADSs.

Takeover Scheme means the takeover scheme constituted by the Offers to which this Statement relates.

Takeover Scheme means a scheme involving the making of offers for acquisition by or on behalf of a person—

Takeover Scheme means the takeover scheme constituted by the Offers for Computer Power Shares;