Material Shareholding definition

Material Shareholding means the ownership of shares issued by the Company, in the amount equal to or greater than twenty percent (20%).
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Material Shareholding means a shareholding of 5 per cent or greater;
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Material Shareholding means the business or set of businesses according to which the direct or indirect shareholding of Bound Persons exceeds, [upwards or downwards], five percent (5%), ten percent (10%), fifteen percent (15%), successively, of each type or class of shares representing the capital stock of the Company.
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Examples of Material Shareholding in a sentence

  • For example, if the closing of the deriva- tives transaction will not result in any transfer of the underlying shares, such transaction will not trigger merger clearance in Thailand.4.6 TransparencySecurities LawsShareholders have to make known the purpose of their acquisi- tion and their intention regarding control of the company (see4.2 Material Shareholding Disclosure Threshold).

  • Stake building is also prohibited if it constitutes insider dealing, market abuse or market manipulation under the applicable laws and regulations.4.2 Material Shareholding Disclosure Threshold Up until an announcement is made by the bidder of their inten- tion to make an offer under the Rules, the SARs will apply to them.

  • The former is more common, although the latter is becoming increasingly frequent due to commercial or tax reasons.4.2 Material Shareholding Disclosure ThresholdIn general, the Ministry of Law and Human Rights maintains a registry that includes corporate information on all limited liability companies in Indonesia, including their sharehold- ing information.

  • The Controlling Shareholder, officers and members of the Board of Directors, Fiscal Council and any technical or consulting bodies of the Company, established in accordance with its bylaws, and any person that acts in this capacity must not only execute the Accession Term in accordance with Annex I hereto, but also execute a Statement in the form included in Annex II hereto in case of any trading that changes their Material Shareholding, remitting these documents to the Investor Relations Officer.

  • Pursuant to the tender offer rule, a tender offer is mandatory when 25% of the total voting rights in the listed company is acquired, so acquirers usually seek less than 25% of shares.4.2 Material Shareholding Disclosure ThresholdDisclosure ThresholdsAn acquirer must disclose certain information to the SEC (provided that the company is a listed company on the SET) once it acquires at least and every 5% of the total voting rights of the target company.

  • Pursuant to the tender offer rule, a tender offer is mandatory when 25% of the total voting rights in the listed company is acquired, so acquirers usually seek less than 25% of shares.4.2 Material Shareholding Disclosure Threshold An acquirer must disclose certain information to the SEC (pro- vided that the company is a listed company on the SET) once it acquires at least and every 5% of the total voting rights of the target company.

  • As for building a stake in private companies, that usually has more to do with business-end decisions than legal con- siderations.‌‌‌‌‌‌‌4.2 Material Shareholding Disclosure Threshold Shareholding disclosure and general filing obligations are only applicable to public companies in Mexico.

  • It is rather unusual for a bidder in a Ukrainian M&A to build a stake in the target prior to launching an offer.4.2 Material Shareholding disclosure Threshold The following disclosure thresholds are established for pub- lic JSCs: ≤ or ≥ 5%, 10%, 15%, 20%, 25%, 30%, 50%, 75%, and 95%.

  • Material Shareholding means a holding that, if Disposed of, is capable of causing a change of Control.Minimum Negotiating Period has the meaning given to that term in clause 1.5 of this ANNEXURE .

  • Takeovers7.1 Public-to-PrivatePublic-to-private transactions remain rare in Luxembourg, except (to a limited extent) in rela- tion to utilities and infrastructure assets.7.2 Material Shareholding ThresholdsIn a Luxembourg société à responsabilité limitée(limited liability company), all shareholders must be disclosed to the publicly accessible Regis- tre de Commerce et des Sociétés de Luxem- bourg.


More Definitions of Material Shareholding

Material Shareholding means the shareholding which directly or indirectly accounts for 5% (five percent) or more of a type or class of Company share, including any rights over said shares.
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Related to Material Shareholding

  • Shareholding means the holding by a Member of a Share or Shares (whether in a class or not);

  • Controlling shareholding means not less than 51% of the voting rights or paid up share capital in the Company/Consortium.

  • Material Group Company means the Issuer or a Subsidiary representing more than 10.00 per cent. of either (i) the total assets of the Group on a consolidated basis (for the avoidance of doubt, excluding any intra-group transactions) or (ii) the EBITDA of the Group on a consolidated basis according to the latest Financial Report.

  • Significant Shareholder means a person or company that has beneficial ownership of, or control or direction over, whether direct or indirect, or a combination of beneficial ownership of, and control or direction over, whether direct or indirect, securities of an issuer carrying more than 10 per cent of the voting rights attached to all the issuer’s outstanding voting securities, excluding, for the purpose of the calculation of the percentage held, any securities held by the person or company as underwriter in the course of a distribution;

  • substantial shareholder means a person who is entitled to exercise, or to control the exercise of, 10% or more (or such other percentage as may be prescribed by the Listing Rules) of the voting power at any general meeting of the Company;

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Ordinary Shareholder means a holder of ordinary shares;

  • Significant Stockholder means Allied Irish Banks, p.l.c., a limited liability company incorporated under the laws of Ireland having its registered office at Bankcentre, Ballsbridge, Dublin 4, Ireland, and any successor thereto.

  • Ordinary Shareholders means holders of Ordinary Shares;

  • Existing Shareholders has the meaning set forth in the preamble.

  • Company Shareholder means any holder of any Company Shares.

  • Minority Shareholders means holders of Shares that were not tendered pursuant to the Offer or in the Subsequent Offering Period (as it may be extended by the Minority Exit Offering Period).

  • Company Shareholders means the registered or beneficial holders of the Company Shares, as the context requires;

  • Transferring Shareholder has the meaning set forth in Section 5.2(a).

  • ² Shareholder means a person who owns shares in the company and is actively involved in the management of the company or business and exercises control over the company.

  • Group of Shareholders means the group of persons: (i) bound by contracts or agreements of any nature, including shareholders’ agreements, either directly or by means of controlled or controlling companies or companies under common control; or (ii) among which there is a controlling relationship; or (iii) that are under common control; or (iv) that act in the representation of a common interest. Examples of persons representing a common interest include: (a) a person holding, directly or indirectly, an equity interest equal to or greater than fifteen percent (15%) of the capital stock of another person; and (b) two persons having a third investor in common that holds, directly or indirectly, an equity interest equal to or greater than fifteen percent (15%) in the capital stock of each of the two persons. Any joint ventures, funds or investment clubs, foundations, associations, trusts, condominiums, cooperatives, securities portfolios, universality of rights, or any other forms of organization or enterprise, organized in Brazil or outside Brazil, shall be deemed members of one Group of Shareholders whenever two or more such entities: (y) are managed by one single legal entity or related parties of one single legal entity; or (z) have most of their directors and executive officers in common, but in the case of investment funds with a common manager, only such entities in which the determination of the vote to be held at a Shareholders’ Meetings, as determined by the respective statutes, is in the manager’s sole discretion, shall be deemed as part of the Group of Shareholders;

  • Defaulting Shareholder has the meaning set out in clause 16.7;

  • Major Shareholders Means a person who has an interest or interests in one or more

  • Common Shareholders means the holders of the Common Shares.

  • Shareholder means a person who owns shares in the company and is actively involved in the management of the enterprise or business and exercises control over the enterprise.

  • Material Company means, at any time:

  • Company Subsidiary means any Subsidiary of the Company.

  • Material Financial Relationship means a relationship in which one person is a recipient of any kind of payment such as by way of a loan or gift during the immediately preceding twelve months, equivalent to at least 25% of such payer’s annual income but shall exclude relationships in which the payment is based on arm’s length transactions.

  • Target Shareholders means the holders of Target Shares;

  • Scheme Shareholder means a person who is registered in the Register as the holder of one or more Scheme Shares as at the Record Date.

  • Locked-Up Shareholders means Xxxxx Xxxxxx, Xxxx Xxxx, Xxxxx Xxxxxxx, Xxxxxx Xxxxxxx, Xxxxx Xxxxxxxxx, Xxx Xxxxxxxx, Xxxx Xxxxxxx, Xxxxx Xxxxxxx, Ru Wadasinghe, Xxxxxxxx Xxxxx, Xxxx Xxxxx, Xxxx Xxxxx and Xxxx Xxxxxxxxx, together with any and all of their respective Affiliates and/or Associates (as defined in the Securities Act (Ontario)) that have beneficial ownership of, or exercise control or direction over, Common Shares or Convertible Securities.