Definition of Telemig Shares

Telemig Shares means Telemig Holding's total ownership interests in Telemig corresponding to 83.25% of the capital of the company, consisting of (i) 794,764 (seven hundred and ninety four thousand and seven hundred and sixty four) shares of common stock representing 89.17% of the voting rights and (ii) 1,180,078 (one million and one hundred and eighty thousand and seventy eight) class "G" shares of preferred stock representing 79.68% of the preferred shares of the company.

Examples of Telemig Shares in a sentence

The Holding Companies are the record and beneficial owners of the Telemig Shares and the Amazonia Shares, which, on Closing, shall be free and clear of any and all Liens.