Examples of Additional Acquisition in a sentence
In connection with the completion of the Resulting Issuer Additional Acquisitions, additional Subordinate Voting Shares shall be issued at the time of the conversion of the Lineage Series A Special Shares, Lineage Series B Special Shares and Lineage Series C Special Shares, as applicable, that were previously issued to the holders of Lineage Common Shares as of the Record Date, as set forth in Sections 1.1 and 1.2 (collectively, the “Lineage Additional Acquisition Shares”).
The Proposed Additional Acquisition is undertaken by the Company together with the Proposed Acquisition to transform itself into a pure-play renewable energy asset owner and operator.
Xxx Xxxx Xxxx, being an indirect preference shareholder and director of reNIKOLA and a major shareholder of the Company through Pitahaya (M) Sdn Bhd with approximately 42.1% direct and indirect interest in the Company as at the LPD, is deemed interested in the Proposed Additional Acquisition.
The pro forma effects of the Proposed Additional Acquisition on the issued share capital, substantial shareholders’ shareholdings, net assets, gearing, earnings and earnings per share of the Company will be included in the announcement to be made at a later date upon execution of the Supplemental SSA II for the Proposed Additional Acquisition.
Upon completion of the Proposed Acquisition that includes the Proposed Additional Acquisition, the existing shareholders of the Company are expected to benefit from the continuing growth of the enlarged PEB group of companies.