Scheme Press Release definition

Scheme Press Release means each press release made by or on behalf of the Company and/or RPS Buyer announcing, in compliance with Rule 2.7 of the Takeover Code, a firm intention to make an offer which is to be implemented by means of the Scheme or, as the case may be, a conversion from an Offer to a Scheme in accordance with Section 8 of Appendix 7 to the Takeover Code.
Scheme Press Release means a press release to be issued by or on behalf of Borrower or the Target announcing, in compliance with Rule 2.7, a firm intention to make an offer which is to be implemented by means of a Scheme or, as the case may be, a switch to a Scheme in accordance with Section 8 of Appendix 7 of the Takeover Code.
Scheme Press Release means the press release announcing the terms of the Scheme in compliance with Rule 2.7 of the City Code, which shall be consistent in all material respects with the press release provided to the Administrative Agent pursuant to Section 4.01(c).

Examples of Scheme Press Release in a sentence

  • The Borrowers shall have delivered to the Administrative Agent the Agreed Form of Scheme Press Release and the executed Acquisition Agreement Amendment.


More Definitions of Scheme Press Release

Scheme Press Release means the press release made by or on behalf of Holdings announcing the terms of the Scheme.
Scheme Press Release means a press announcement released by the Borrower in accordance with Rule 2.7 of the City Code announcing that the Target Acquisition is to be effected by a Scheme and setting out the terms and conditions of the Scheme.
Scheme Press Release means each press release made by or on behalf of Bidco announcing, in compliance with Rule 2.7 of the Takeover Code, a firm intention to make an offer which is to be implemented by means of the Scheme or, as the case may be, a conversion from an Offer to a Scheme in accordance with Section 8 of Appendix 7 to the Takeover Code.
Scheme Press Release means the press release announcing, in compliance with Rule 2.5 of the Takeover Code, a firm intention to proceed with the Scheme.
Scheme Press Release means the press release dated 12 December 2016 announcing, in compliance with Rule 2.7 of the City Code, a firm intention to make an offer which is to be implemented by means of the Scheme.
Scheme Press Release a press announcement released by the Borrower and Constellation under Section 2.5 of the City Code to announce the terms of the pre-conditional Scheme.
Scheme Press Release means the press release to be made by or on behalf of the TopCo Borrower announcing, in compliance with Rule 2.7 of the Takeover Rules, a firm intention to make an offer for the Target Shares which is to be implemented by means of the Scheme.