Cambian Shares definition
Examples of Cambian Shares in a sentence
In particular, the ability of persons who are not resident in the United Kingdom or who are subject to the laws of another jurisdiction to vote their Cambian Shares in respect of the Scheme at the Court Meeting, to elect for the Full Cash Alternative, or to execute and deliver Forms of Proxy appointing another to vote at the Court Meeting on their behalf, may be affected by the laws of the relevant jurisdictions in which they are located or to which they are subject.
Certain Cambian Shareholders who, in aggregate, hold 111,470,489 Cambian Shares representing, in aggregate, approximately 60.5 per cent.
Under the terms of the Transaction, Cambian Shareholders will be entitled to receive the consideration pursuant to the Headline Offer or elect to receive the Full Cash Alternative in respect of any or all of their Cambian Shares.
Under the terms of the Transaction, which will be on the terms and subject to the Conditions set out below and in Appendix 1 to this Announcement, and to be set out in the Scheme Document, Forms of Proxy and Form of Election, Cambian Shareholders will be entitled to receive the consideration pursuant to the Headline Offer or elect to receive the Full Cash Alternative in respect of any or all of their Cambian Shares.
As at the date of this Agreement, the Cambian Employee Benefit Trust ("Trust") holds no cash and 1,793,406 Cambian Shares.
It is intended that after the Scheme has become Effective, the listing of the Cambian Shares on the Official List will be cancelled and the Cambian Shares will cease to be admitted to trading on the Main Market.
Cambian Shareholders may elect to receive the Full Cash Alternative in respect of any or all of their Cambian Shares.
The GI Shareholders who, in aggregate, hold 40,819,536 Cambian Shares, representing, in aggregate, approximately 22.2 per cent.
Upon the Scheme becoming Effective: (i) it will be binding on all Cambian Shareholders, irrespective of whether or not they attended or voted at the Court Meeting or the Cambian General Meeting (and, if they attended and voted, whether or not they voted in favour); and (ii) share certificates in respect of Cambian Shares will cease to be valid and entitlements to Cambian Shares held in CREST will be cancelled.
The Transaction will extend to any Cambian Shares which are unconditionally allotted, issued or transferred to satisfy the exercise of existing options under the Cambian Share Plans before the Scheme Record Time.