Examples of SOL Shares in a sentence
As at 29 June 2012, the authorised share capital of SOL is USD26,000,000 comprising 15,000,000 SOL Shares, 975,000 Preference Shares A, 10,000,000 Preference Shares B and 25,000 Preference Shares C and the issued and paid-up share capital of SOL is USD25,245,314 comprising 14,255,664 SOL Shares, 968,910 Preference Shares A, 10,000,000 Preference Shares B and 20,740 Preference Shares C.
Special Resolution number 16, to authorise the Company to provide financial assistance in the form of a capital contribution not exceeding R100 600 per Inzalo Employee Scheme Participant who is an employee of Sasol at the relevant date, who will obtain vested rights in SOL Shares, to the Sasol Khanyisa ESOP Trust, to enable the trustees to subscribe for up to a maximum of 4 902 286 SOL Shares, was approved.
Consequently the relevant vested participants in the Inzalo Employee Schemes received no distribution of SOL Shares.
It is not possible to determine at this stage whether issuing SOLBE1 Shares pursuant to the Automatic Share Exchange will result in the 30% threshold being exceeded, but assuming that the SOLBE1 Shares are a different class of shares to the SOL Shares, section 41(3) is therefore only being complied with as a matter of caution.
VWAP" means the volume weighted average traded price of a SOL Share or a SOLBE1 Share, as applicable, being the total value of the SOL Shares or SOLBE1 Shares traded on the JSE for a specified number of Business Days divided by the total number of SOL Shares or SOLBE1 Shares traded on the JSE for that period.
If you do not want your Existing SOLBE1 Shares to automatically re-designate as SOL Shares on the Automatic Re-designation Date and if you want to exercise the Election Right, then you must follow the process and procedures set out below.
The shareholders of Sasol have approved the issue of a maximum of 4 902 286 SOL Shares and a maximum of 3 709 970 SOLBE1 Shares for purposes of the Khanyisa Tier 1 Plan.
Mayor Donchess Some of the big pieces of equipment are bonded; the Board of Aldermen has voted on and approved for us to borrow the money to buy the equipment and pay it back over a period of time.
If you exercise the Election Right and make an election (“ Election”) it will mean that your Existing SOLBE1 Shares will not re-designate as SOL Shares on the Automatic Re-designation Date or at any time after that and will indefinitely remain as SOLBE1 Shares.
R efe r t o sec- t io n 15.)NOTE : T h i s i s a co n t r a c t wi t h t h e F ede r a l Cr op I n s ur a n ce Co r po r a t io n , a U n i t ed S t a t es Gove rn m e n t a ge n c y .