Examples of Scheme Share in a sentence
The results and net assets of The HKEX Employees’ Share Award Scheme (Share Award Scheme) are included in HKEX’s financial statements.
Exchange and Consideration For Scheme ShareholdersUnder the Scheme, it is proposed that the Scheme Shares be transferred to HoldCo In consideration for the said transfer, each Shareholder shall receive the same number of HoldCo Shares in exchange (i.e. each Shareholder will receive in exchange for 1 (one) Scheme Share, 1 (one) HoldCo Share which will be credited as fully paid.
Each Scheme Share will be transferred to the HoldCo without any further act or deed.
In accordance with the terms of the Scheme and in consideration for HoldCo Shares, each Scheme Shareholder shall transfer to HoldCo the Scheme Shares which he holds and receive the same number of HoldCo Shares in exchange (i.e. each Shareholder will receive 1 (one) HoldCo Share which will be credited as fully paid in exchange for 1 (one) Scheme Share; on a one-for-one basis).
On the Effective Date, each Shareholder will receive 1 (one) HoldCo Share, which will be credited as fully paid, in exchange for every 1 (one) Scheme Share as at the Terminal Date.