MTN Shares definition

MTN Shares means ordinary shares with a par value of R0.0001 each in the issued share capital of MTN;
MTN Shares means either the Class B ordinary shares of the Company held by MTN or the ordinary shares redesignated from such Class B ordinary shares of the Company held by MTN immediately prior the IPO, as the context may require.
MTN Shares means the ordinary shares with a par value of R0.0001 each in the issued share capital of MTN. For the avoidance of doubt, references to the MTN Shares include references – changed as necessary – to any class of shares into which such shares may be converted (whether pursuant to the Companies Act or otherwise) and to such shares as they may be consolidated and sub-divided from time to time;

Examples of MTN Shares in a sentence

  • Such share certificates shall only be released, if necessary, for the purposes of implementing any transfer permitted in terms of this Agreement and/or required under the BEE Transaction Documents on the basis that once such transfer is implemented, all share certificates in respect of the remaining MTN Shares after such transfer are retained and held by MTN (or its relevant nominees or agents).


More Definitions of MTN Shares

MTN Shares has the meaning given to that term in clause 15.5.2; the eleventheight anniversary of such date;‌‌
MTN Shares ordinary shares with a par value of R0.0001 each in the issued share capital of MTN;
MTN Shares means ordinary shares with a par value of R0.0001 each in the issued share capital of MTN. For the avoidance of doubt, references to the MTN Shares include references – changed as necessary – to any class of shares into which such shares may be converted (whether pursuant to the Companies Act or otherwise) and to such shares as they may be consolidated and sub-divided from time to time;
MTN Shares has the meaning given to that term in clause 15.5.3.2;