Off Market Transfer Process definition
Off Market Transfer Process means the process of holding, buying, selling or otherwise transferring SAB Zenzele Kabili Ordinary Shares by a BEE Verified Person pursuant to an Off Market Transfer, as contemplated in the Off Market Transfers Process Terms and Conditions; “Off Market Transfers Process Terms and Conditions” means the document titled “Off Market Transfers Process: Verification Requirements, Terms and Conditions” available at www.investecsps.co.za, which document records the terms, conditions, restrictions and limitations applicable to each BEE Verified Person who elects to hold, buy, sell or otherwise transfer any SAB Zenzele Kabili Ordinary Shares pursuant to an Off Market Transfer, and which are acknowledged and accepted by such BEE Verified Person during the BEE Verification process; “Offer Opening Date” means the opening date of the Reinvestment Offer, being 09:00 on 8 April 2021; “Original Exchange Agreement” means the exchange agreement between SAB Zenzele, SAB, SABMiller, The SAB Foundation and The SAB Zenzele Employee Trust, dated 27 January 2010, which, in conjunction with the SAB Zenzele MOI, sets out the terms and conditions of the Original Exchange Transactions; “Original Exchange Transactions” has the meaning ascribed to the term in Section 2A, paragraph 1.4.3 on page ⭯1 of this Prospectus; “Original Prospectus” means the prospectus issued by the Company to SAB Zenzele Retailer Shareholders and beneficiaries of the SAB Zenzele Employee Trust dated 19 February 2020 which has been superseded and replaced in its entirety by this Prospectus; “Original Scheme Circular” means the circular posted to SAB Zenzele Retailer Shareholders at the same time and date as the Original Prospectus, which circular has been superseded and replaced in its entirety by the SAB Zenzele Scheme Circular; “Own-Broker Trading Process” means the process of holding, buying, selling or otherwise transferring SAB Zenzele Kabili Ordinary Shares from time to time in accordance with the SAB Zenzele Kabili BEE Contract; “Own-Broker Trading Process Terms and Conditions” means the document titled “SAB Zenzele Kabili Own-Broker Trading Process: Verification Requirements, Terms and Conditions” available at www.investecsps.co.za, which document records the terms, conditions, restrictions and limitations applicable to each BEE Verified Person who elects to hold, buy, sell or otherwise transfer any SAB Zenzele Kabili Ordinary Shares in terms of the Own-Broker Trading Process, and which are acknowledged ...
Off Market Transfer Process means the process of holding, buying, selling or otherwise transferring