Examples of Demerger Record Time in a sentence
On 16 February 2015, the board of directors of OCI N.V. announced the Demerger Record Time for the Demerger and on 7 March 2015 a committee of the board of directors of OCI N.V. passed the necessary resolutions to implement the Demerger.
Provided you have not disposed of your RB Ordinary Shares prior to the Demerger Record Time, you will continue to own the same number of ordinary shares in RB (including ordinary shares underlying ADSs) following the Demerger, but in addition will receive the same number of Indivior Ordinary Shares.
Once approved, volunteers must sign in at the office and will be given a name tag or badge to wear while in the building.
If the Demerger proceeds, holders of RB ADRs who are in the books of the Depositary at the Demerger Record Time will receive Indivior ADSs issued under an ADR facility that Indivior expects to establish in the US at the Demerger Effective Time.
ENVIRONMENTAL HAZARDS:Do not apply directly to water, to areas where surface water is present, or to intertidal areas below the mean high water mark.
The consideration for the capital reduction will be the transfer by OCI N.V. of the shares held by OCI N.V. in the Company to those shareholders of OCI N.V. who are shareholders of OCI N.V. at the Demerger Record Time (expected to be 6:00 p.m. (Amsterdam time) on 6 March 2015).
Following the implementation of the Demerger, RB Shareholders will hold one Indivior Ordinary Share for every one RB Ordinary Share they hold at the Demerger Record Time.
ISIN for the Indivior Ordinary Shares will be GB00BRS65X63 and the SEDOL number will be BRS65X6.3.2 DealingsFor a transferee to be a registered holder of RB Ordinary Shares by the Demerger Record Time, the transfer of RB Ordinary Shares must be recorded on the RB Share Register held by the Registrars by 6.00 p.m. on 22 December 2014.
Once the Demerger becomes effective, RB Shareholders will hold one ordinary share in Indivior for every one RB Ordinary Share that they hold at the Demerger Record Time, which is expected to be 6.00 p.m. on 22 December 2014.
Settlement in the RB Ordinary Shares will be re-enabled following the Demerger Effective Time at8.00 a.m. on Tuesday 23 December 2014.3.3 Share certificatesHolders of RB Ordinary Shares on the RB Share Register at the Demerger Record Time will constitute the opening register of members of Indivior.