Examples of Holdco Share in a sentence
The net proceeds credited for any fractional New Holdco Shares will be determined on the average net proceeds per New Holdco Share.
Each Bidder Share (other than Bidder Shares to be cancelled in accordance with 8.5.6(4) below) issued and outstanding immediately prior to the Merger Effective Time, and all rights in respect thereof, shall be cancelled and automatically converted into and become the right to receive (x) one Holdco Share plus (y) $0.01 in cash (collectively, the “Merger Consideration”).
CDI means a CHESS depositary interest representing a unit of beneficial ownership in a UK Holdco Share registered in the name of CDN and CDIs mean a number of them.
In the Merger, each outstanding share of NYSE Euronext common stock will be converted into the right to receive 0.47 of a fully paid and non-assessable Holdco Share.
Where the calculation of the number of US Holdco Shares to be issued to a particular Share Scheme Participant would result in the issue of a fraction of a US Holdco Share, then any such fractional entitlement will be rounded up to the nearest whole number of US Holdco Shares.