Biffa Shares definition

Biffa Shares means ordinary shares of £0.01 each in the capital of Biffa;
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Biffa Shares means the entire issued and to be issued ordinary share capital of Biffa; “Biffa Share Plans” means the PSP and Sharesave;
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Examples of Biffa Shares in a sentence

  • In total therefore, as at the date of this Announcement, ▇▇▇▇▇ has received irrevocable undertakings to vote or procure votes in favour of the Scheme at the Court Meeting with respect to a total of 44,183,685 Biffa Shares (representing approximately 14.43 per cent.

  • For these purposes, an “arrangement” includes any indemnity or option arrangement, any agreement or any understanding, formal or informal, of whatever nature, relating to Biffa Shares which may be an inducement to deal or refrain from dealing in such securities.

  • Furthermore, save for the irrevocable undertakings described in paragraph 7 (Irrevocable undertakings) above, no arrangement exists between Bidco or Biffa or a person acting in concert with Bidco or Biffa in relation to Biffa Shares.

  • It is intended that an application will be made to (i) the FCA to cancel the listing of the Biffa Shares on the Official List, and (ii) the London Stock Exchange to cancel trading of the Biffa Shares on the Main Market, in each case to take effect on or shortly after the Effective Date.

  • Biffa and Offeror agree that the Biffa Resolutions shall include a resolution proposing an amendment to the Biffa articles of association by the adoption and inclusion of a new article under which any Biffa Shares issued after the Scheme Record Time as a result of vesting and/or exercise of Awards under the Biffa Share Plans will be transferred to Offeror (or as it may direct) for the same consideration as is payable to Biffa Shareholders under the Scheme.

  • Upon the Scheme becoming Effective, share certificates in respect of the Biffa Shares will cease to be valid and should be destroyed.

  • In addition, entitlements to Biffa Shares held within the CREST system will be cancelled on the Effective Date.

  • The Biffa Shares are currently listed on the Official List and admitted to trading on the Main Market.

  • The last day of dealings in Biffa Shares on the Main Market is expected to be the Business Day immediately prior to the Sanction Hearing and no transfers will be registered after 6.00 p.m. (London time) on that date.

  • As set out in paragraph 16, applications will be made for the cancellation of the listing of the Biffa Shares on the Official List and the cancellation of trading of the Biffa Shares on the Main Market.