Examples of ADVANZ PHARMA in a sentence
Therefore, ADVANZ PHARMA shareholders who elect for the Alternative Offer are not expected to receive, after implementation of the Acquisition, such public disclosure documents as are currently filed by ADVANZ PHARMA in Canada, and, save to the extent required by law, only holders of Topco B Shares comprising three per cent.
In such circumstances, ADVANZ PHARMA Shareholders would be entitled to retain any such dividend or other distribution.
If any dividend or other distribution is authorised, declared, made or paid by ADVANZ PHARMA in respect of ADVANZ PHARMA Shares on or after the date of this Announcement, Bidco reserves the right to reduce the Cash Offer (and, as the case may be, the consideration due under the Alternative Offer) by the amount of such dividend or other distribution.
Accordingly, Bidco intends to put in place appropriate arrangements for selected members of senior management of the ADVANZ PHARMA Group following completion of the Acquisition.
Bidco also proposes that ADVANZ PHARMA, currently organised as a public company limited by shares, will be re-registered as a private company limited by shares following completion of the Acquisition.
ADVANZ PHARMA has in issue 1,000 Class A Shares and 1,000 Class B Shares.
If Bidco is required by the Panel to make an offer for ADVANZ PHARMA Shares under the provisions of Rule 9 of the Takeover Code, Bidco may make such alterations to any of the above Conditions and terms of the Acquisition as are necessary to comply with the provisions of that Rule.
However, in light of the financial difficulties that ADVANZ PHARMA faced in 2016-2018, there was minimal investment in growth during that period.
Bidco reserves the right to elect (with the consent of the Panel, and subject to compliance with Canadian securities laws and the terms of the Co-operation Agreement) to implement the acquisition of the ADVANZ PHARMA Shares by way of a Takeover Offer as an alternative to the Scheme.
In connection with such matters, Jefferies will not regard any other person as its client and will not be responsible to anyone other than ADVANZ PHARMA for providing the protections afforded to clients of Jefferies or for providing advice in relation to the contents of this Announcement or any other matter referred to herein.