Examples of AbbVie Shares in a sentence
The amendments to IFRS 2 clarify the definition of ‘vesting condition’ • and ‘market condition’ and add definitions for ‘performance condition’ and ‘service condition’; • IFRS 8 (Annual Improvements for 2010-2012 Cycle), ‘Operating Segments’, effective for annual periods beginning on or after 1 July 2014.
The AbbVie Shares to be issued as part of the Scheme Consideration have been duly authorized and, when issued and delivered in accordance with the terms of this Agreement, will have been validly issued and will be fully paid and nonassessable and the issuance thereof will be free of preemptive rights.
Neither Allergan nor any of its Subsidiaries beneficially owns, directly or indirectly, any AbbVie Shares or other securities convertible into, exchangeable for or exercisable for AbbVie Shares, and neither Allergan nor any of its Subsidiaries has any rights to acquire any AbbVie Shares (other than any such securities owned by Allergan or any of its Subsidiaries in a fiduciary, representative or other capacity on behalf of other Persons, whether or not held in a separate account).
The authorized capital stock of AbbVie consists of 4,000,000,000 AbbVie Shares and 200,000,000 AbbVie Preferred Shares.
The Arrangement is conditioned on, among other things, the approval of the Merger Agreement Proposal by the holders of a majority of the AbbVie Shares outstanding and entitled to vote.
Fractions of New AbbVie Shares will not be allotted or issued to Scheme Shareholders.
Subject to the Scheme becoming effective, Allergan Shareholders will be able to share in the synergies and other cost reductions resulting from the Acquisition by means of the AbbVie Shares they will receive as part of the Scheme Consideration.
AbbVie Shares are listed on the NYSE under the symbol ‘‘ABBV’’ and the Chicago Stock Exchange.
Fractional entitlements to New AbbVie Shares will be aggregated and sold in the market and the net proceeds of sale distributed pro rata to the Scheme Shareholders entitled thereto.
Following completion of the Transaction, New AbbVie will become the holding company of the Shire Group and the AbbVie Group.Application will be made for the listing of New AbbVie Shares on the NYSE.