Examples of Affected Share in a sentence
Where any such Affected Share Notice has been complied with in accordance with Bye-law 132(b) the Directors shall cause the relevant entry in the Register to be removed.
Any new shares in the Company issued in right of any shares which are the subject of an Affected Share Notice shall also be subject to the Affected Share Notice and the provisions of Bye-law 132 shall apply accordingly.
For so long as an Affected Share is held in uncertificated form, in circumstances where the Directors are obliged, pursuant to Bye-law 132(b), to arrange for the sale of the Affected Share, the Directors may make such arrangements on behalf of the registered holder of the Affected Share as they may think necessary to transfer title to that Affected Share through a Relevant System.
When an Affected Share has been sold as aforesaid the Directors shall notify the former registered holder of the share and inform him that the net proceeds of sale of the share will be paid to him upon surrender by him or on his behalf of any certificate in respect of the share.
The Chairman of any such meeting as aforesaid shall be informed by the Directors of any share becoming or being deemed to be an Affected Share.