Examples of Internal Restructure in a sentence
The Barloworld Internal Restructure does not require Shareholder approval.
However, the value of the Internal Restructure Proposal is uncertain and Alinta Shareholders should note that it would take some time to implement.
Internal Restructure Following ongoing reviews to determine strategies for optimising shareholder value, the Board decided to undertake an internal restructure in order to provide Alterra with the flexibility to demerge the Carbon Business, should Shareholders approve to do so.
Demerger of Carbon Conscious Investments Following shareholder approval and completion of the Internal Restructure, Alterra intends to distribute and transfer 85% of its Carbon Conscious Investments Shares to eligible Shareholders on a pro rata basis as an in-specie distribution (In-specie Distribution) (for details of ineligible Shareholders see Section 3.27(b)).
The Company and the Board shall attempt to structure the Internal Restructure in the most tax efficient manner possible in order to minimize any tax consequences on the Members; however, the Members acknowledge and agree that an Internal Restructure may have adverse tax consequences.
Copies of the Sustainability-Linked Financing Framework and of the Sustainability-Linked Financing Framework Second-party Opinion will be accessible through the Issuer’s website at: https://www.eni.com/en-IT/investors/sustainable- finance.html.
If the Proposal is not successful, the Board believes the Internal Restructure should proceed because it will provide the Company with a less complicated structure, allowing Godolphin to, among other things, seek a stock exchange listing in the future.
Subject to completion of the Internal Restructure, Carbon Conscious Investments will begin receiving quarterly income from the Carbon Business in April 2019.
Information relating to the discontinued operations for the period to the date of disposal is set out below.As a result of the Internal Restructure, the disposals resulted in a recognition of a gain of $192,519,000 (tax impact: $nil).For the entities disposed where there was a loss of control, the Group has derecognised the assets and liabilities of the subsidiary, any related non-controlling interests and other components of equity.
In the event that the Proposal is not successful, providing Resolution 1 is approved and the Conditions (other than the In-specie Conditions) are met, the Internal Restructure will still proceed, resulting in a more effective internal ownership restructure of the NSW Assets (see Section 3.1 and in particular Figure 3 for further details).