Examples of Prudential Shareholders in a sentence
Other than approval of the Demerger at the Prudential General Meeting, no action by Prudential Shareholders will be necessary for Prudential Shareholders to receive shares of Class A common stock to which they are entitled in the Demerger.
This means that Prudential Shareholders will not be required to pay any consideration for the shares of Class A common stock they receive in the Demerger, surrender or exchange their Prudential ordinary shares in order to receive shares of Class A common stock or take any other action in connection with the Demerger.
The Demerger will also permit Prudential Shareholders to make their own investment decisions going forward as to whether or not they wish to retain their exposure to the Company, independent of their exposure to the Prudential Group.
Prudential Shareholders will not be charged any foreign currency exchange fees, which fees will be paid by Prudential on behalf of the Prudential Shareholders.
To effect the separation, Prudential will make an in-specie distribution of approximately 70.2% of the shares of JFI’s Class A common stock (representing approximately 70.1% of the total combined voting power of JFI’s common stock and approximately 69.2% of JFI’s total common stock) on a pro rata basis to Prudential Shareholders.
To effect the separation, Prudential will make an in-specie distribution of approximately 70.2% of the shares of JFIs Class A common stock (representing approximately 70.1% of the total combined voting power of JFIs common stock and approximately 69.2% of JFIs total common stock) on a pro rata basis to Prudential Shareholders.
To effect the separation, Prudential will make an in-specie distribution of approximately 70.2% of the shares of JFI’s Class A common stock (representing approximately 70.2% of the total combined voting power of JFI’s common stock and approximately 69.2% of JFI’s total common stock) on a pro rata basis to Prudential Shareholders.
Under this proposal and on a pro forma 2005 basis, Prudential Shareholders would have received a full year dividend of 22.36 pence per Prudential Share, a 37 per cent.
The Prudential Share price has been adjusted for the proposed final dividend for 2005 of 11.02 pence which, under the proposal, would be retained by the Prudential Shareholders.
Aviva believes that the proposed terms fairly reflect the relative valuations of the groups and their respective contributions to the combined group and offer a significant premium to Prudential Shareholders.