Examples of Linked Unit in a sentence
Military personnel, employed by the CEA, and part of “interarmes” staff were brought in to inject expertise in managing the site (Blanck 2017, 125).
The “ Pro forma results after the Giuricich Acquisition, Investec Acquisitions and material post balance sheet events'' column represents net asset value per Linked Unit and net tangible asset value per Linked Unit after the acquisition of the Giuricich properties and Investec properties.
If a holder of a Linked Unit does not accept the offer of Scrip Distribution Units instead of cash, the holder is deemed to require and will be paid the distribution in cash.
The directors are authorised to issue the debentures under their control in accordance with the provisions of the Linked Unit Trust Deed (the "Deed").
The Board is of the view that the impact of this Acquisition on earnings per Linked Unit will be positive.
Following the implementation of the Acquisition Issue, the total value of the stated capital of the Company’s issued Linked Unit capital will be R770 069 000.
Each Linked Unit in the company comprises one linked unit and one variable rate unsecured debenture as per Note 16, which are indivisibly linked.
In the first year of acquisition, there will be no material impact on earnings per Linked Unit.
Linked Units will only be traded in electronic form and accordingly all Linked Unitholders who elect to receive Certificated Linked Units will first have to dematerialise their Linked Unit certificates should they wish to trade therein.
The Board considers that, if issued, the A Linked Units would be issued at an initial yield of between 9% and 10.5% (equating to an issue price of between R4.29 and R5.00 per A Linked Unit), in line with prevailing yields for similar instruments currently listed on the JSE.