Examples of 3(i) Shares in a sentence
An indicative timetable of principal events is as follows: Event Indicative Timing Posting of Scheme Circular to 3i QPEP Shareholders 23 March 2009 3i QPEP EGM and announcement of results 16 April 2009Effective Date: 3i QPEP in liquidation; Liquidation distribution to 3i; and New 3i Shares issued17 April 2009All dates in this announcement which relate to the implementation of the Scheme are indicative only.
The New 3i Shares will rank pari passu with all issued ordinary shares of 3i in respect of any dividends declared, made or paid with a record date on or after the date of issue of the New 3i Shares.
Application will be made by 3i for the New 3i Shares to be admitted to listing and trading on the London Stock Exchange.
The Scheme will be effected through a voluntary solvent liquidation of 3i QPEP, and it will comprise a distribution of assets of 3i QPEP to 3i by its liquidator in satisfaction of 3i’s rights in the winding up of 3i QPEP and a transfer by the liquidator of the residual assets of 3i QPEP to 3i in consideration of the payment of cash and issue of New 3i Shares to the Independent Shareholders in respect of their interests in 3i QPEP.
If the Scheme is effected, 3i will issue 37.6 million New 3i Shares and these shares will represent 8.9 per cent.
Upon the liquidation of 3i QPEP, the liquidators will implement a scheme (the “Scheme”) involving a distribution of assets of 3i QPEP to 3i by its liquidator in satisfaction of 3i’s rights in the winding up of 3i QPEP and a transfer by the liquidator of the residual assets of 3i QPEP to 3i in consideration of the payment of cash and issue of New 3i Shares to Independent Shareholders in respect of their interests in 3i QPEP.
The policy for the recognition and measurement of impairment losses is in accordance with Note 4.4 to the financial statements.
Provide a Range of Housing Affordabil ity and Housing Types in All Communities If a range of housing costs and housing types are located in all communities in San Diego and southwestern Riverside counties, workers in thes e areas would have the choice of living close to their jobs.
Individuals or entities that are not Eligible 102 Participants may be granted only 3(i) Shares under this Subplan.