Share Sale Option definition

Share Sale Option has the meaning given to it in the Circular;
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Examples of Share Sale Option in a sentence

  • Singapore Holders Owing to practical difficulties arising in connection with the distribution and settlement of shares of Class A common stock to Singapore Holders through CDP, it is expected that the Share Sale Option will be compulsory for Singapore Holders at the applicable Record Date (being the Record Date for Hong Kong Shareholders).

  • Therefore the shares of Class A common stock to which such Singapore Holders will be entitled upon completion of the Demerger will be sold on their behalf under the Share Sale Option and the cash proceeds, net of applicable withholding taxes, paid to HKSCC Nominees Limited for onward transmission to them via CDP.

  • Holders of beneficial interests in Prudential ordinary shares through the CCASS If you hold an interest in Prudential ordinary shares through the CCASS, you will need to take further action to receive shares of Class A common stock to which you will be entitled or to take the Share Sale Option (which is available to Small Shareholders only).

  • You will need to provide instructions to your Intermediary to receive your entitlement to shares of Class A common stock deposited into a direct registration account in your name, or if you are a Small Shareholder and you wish to take the Share Sale Option.

  • If you are a Small Shareholder and choose to take the Share Sale Option and provide the required information within the time requested, the shares of Class A common stock to which you will be entitled will be sold and the cash sale proceeds in U.S. dollars or, after exchange at the prevailing market rates, Hong Kong dollars for shareholders resident in Hong Kong, net of applicable withholding taxes, paid to HKSCC Nominees Limited for onward pro rata transmission to you.

  • HKSCC accepts no liability as a result of any failure or other decisions made to sell the Jackson Shares under Share Sale Option.

  • Prudential has established helplines operated from the UK and Hong Kong for shareholders who have questions in relation to the Circular, the Demerger or the Share Sale Option.

  • Further details concerning the terms and availability of the Share Sale Option and the definition of Small Shareholders can be found in the Circular.

  • Event 03 – Participants who elect event 03 are deemed to have agreed the sale of the M&G Shares under the Share Sale Option and authorize HKSCC to act on its behalf to give authorization as set out on the Election Form.

  • Upon signing of the Share Sale Option Agreement, the Call Option Agreement (as referred to in sub-paragraph 4(a) above) has been terminated and all relevant rights in respect of the Sale Shares are contained in the Share Sale Option Agreement.

Related to Share Sale Option

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Stock Reload Option means any option granted under Section 6.3, below, as a result of the payment of the exercise price of a Stock Option and/or the withholding tax related thereto in the form of Stock owned by the Holder or the withholding of Stock by the Company.

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Vested Shares means "Vested Shares" as defined in the Award Agreement.

  • Director Option means an Option granted pursuant to Section 6.

  • Optioned Stock means the Common Stock subject to an Option.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Optioned Shares means the common shares of the Company, issuable on exercise of the Option; and

  • Share Appreciation Right means the right pursuant to an Award granted under Section 8 below to receive an amount equal to the excess, if any, of (i) the aggregate Fair Market Value, as of the date such Award or portion thereof is surrendered, of the Shares covered by such Award or such portion thereof, over (ii) the aggregate Exercise Price of such Award or such portion thereof.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Non-Statutory Stock Option means a right to purchase Common Stock granted to an Eligible Recipient pursuant to Section 6 of the Plan that does not qualify as an Incentive Stock Option.

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Parent Option means an option to purchase shares of Parent Common Stock.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Company Stock Options shall have the meaning given to such term in Section 3.3(a) hereof.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.