Examples of Scheme Shares in a sentence
Each director of Elkedra by whom or on whose behalf Scheme Shares are held intends to vote in favour of the Scheme.
Elkedra will ensure that Elkedra Shares to which a optionholder is entitled in respect of Elkedra Options exercised prior to the Cut-off Date will be issued on or prior to the Effective Date, with the result that those Elkedra Shares will qualify as "Scheme Shares" for the purposes of the Scheme.
No dealing in Scheme Shares (whenever effected) will be recognised if received by Elkedra or its share Registrar after the Record Date.
Vaaldiam will instead issue the Vaaldiam Shares in respect of the Scheme Shares held by the Foreign Shareholder to the Nominee.
Effect of rollover reliefThe rollover relief only applies where a Scheme Participant would have realised a capital gain upon the disposal of his Scheme Shares in exchange for Vaaldiam Shares.