Examples of Scheme Record Time in a sentence
Notwithstanding any other provisions of these Articles, if the Company allots and issues any ordinary shares (other than to Irish Life & Permanent Group Holdingsp.l.c. ( NEW ILP) or its nominees) on or after the adoption of this Article and prior to the Scheme Record Time, such ordinary shares shall be allotted and issued subject to the terms of the Scheme and the holder or holders of those ordinary shares shall be bound by the Scheme accordingly.
This is to be achieved by the transfer of the Accrol Shares to Bidco (or a nominee of Bidco) in consideration for which the Accrol Shareholders who are on the Accrol register of members at the Scheme Record Time will receive the Cash Consideration on the basis set out in Section 2 of this Announcement.