Etion definition

Etion or “the Company” or “the Group’’)
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Examples of Etion in a sentence

  • The Disposal is required to be approved by an ordinary resolution of Etion shareholders, which will require the support of more than 50% (fifty per cent) of the votes exercised on it.

  • In addition, the Disposal is regarded as a disposal of the greater part of the assets or undertaking of Etion in terms of section 112 of the Companies Act and therefore constitute an "affected transaction" that will require the approval of Etion shareholders by way of a special resolution, which will require the support of at least 75% (seventy five per cent) of the votes exercised on it.

  • Etion has constituted an independent board which consists of ▇▇▇▇▇▇ ▇▇▇▇▇ van Rensburg, ▇▇▇▇▇ ▇▇▇▇▇ and Sengo Garrine (“the Independent Board”).

  • The Agreement contains indemnities and warranties given by Etion in favour of Altron which are standard for a transaction of this nature.

  • The current share price of Etion does not reflect the underlying intrinsic value of the businesses in the Group.

  • The Effective Date of the Disposal is the first day of the calendar month in which the last of the Conditions Precedent has been completely fulfilled or duly waived, to the extent capable of waiver in law, unless Etion and Altron otherwise agree in writing (“Effective Date”).

  • The Etion board of directors initiated a process to unlock shareholder value late last year and it is within this context that the transaction has been concluded.

  • Shareholders are advised that Etion, has entered into an agreement (“Agreement”) with Altron TMT SA Group Proprietary Limited (“Altron”) in terms of which, Etion will sell 100% of the issued shares in Law Trusted Third Party Services Proprietary Limited (“Lawtrust”).

  • A circular containing the full details of the Disposal, incorporating a notice convening the required general meeting of the shareholders of Etion, will be distributed to shareholders in due course, at which time the salient dates and times of the Disposal, including the date of the general meeting, will be announced on SENS.

Related to Etion

  • Extraction means a process by which cannabinoids are separated from cannabis plant material through chemical or physical means.

  • Disinfection means a process which inactivates pathogenic organisms in water by chemical oxidants or equivalent agents.

  • Recalibration means the adjustment of all DRG weights to reflect changes in relative resource consumption.

  • Infiltration means water other than wastewater that enters a sewer system (including sewer system and foundation drains) from the ground through such means as defective pipes, pipe joints, connections, or manholes. Infiltration does not include, and is distinguished from, inflow.

  • Scaling as used herein, involves: