Examples of INM Ordinary Shares in a sentence
At that date there were no outstanding securities convertible into, or rights or options to subscribe for, INM Ordinary Shares.
Accordingly, the INM Board unanimously recommends that INM Shareholders vote in favour of the Acquisition and all of the Resolutions, as they intend to do in respect of their own beneficial holdings of, in aggregate, 288,841 INM Ordinary Shares.
An application will be made to the London Stock Exchange and Euronext Dublin prior to the Effective Date to cancel the admission of the INM Ordinary Shares to trading on the Main Market and the Euronext Dublin Market respectively, and to the FCA to cancel the listing of INM Ordinary Shares on the FCA’s Official List with effect from shortly after the Effective Date, subject to and following the Scheme becoming Effective.
Under the Scheme, all INM Ordinary Shares held by INM Shareholders will be cancelled pursuant to Article 47 of INM’s Articles of Association and sections 84 to 86 of the Companies Act 2014 in accordance with the terms of the Scheme.
An application will be made to the London Stock Exchange and Euronext Dublin prior to the Effective Date to cancel the admission of the INM Ordinary Shares to trading on the Main Market of the London Stock Exchange and Euronext Dublin respectively, and to the FCA to cancel the listing of INM Ordinary Shares on the FCA’s Official List as soon as possible but in no event later than 2 Business Days following the Effective Date.
INM will then issue new INM Ordinary Shares to Mediahuis in place of the INM Ordinary Shares that were cancelled pursuant to the Scheme and the Reduction of Capital and Mediahuis will pay the Consideration for the Acquisition to the INM Shareholders.
As at the close of business on 29 April 2019 (being the last practicable date prior to the release of this Announcement), Xxxxxx Xxxxxx, Chairman of Mediahuis, was the owner of 14,066,012 INM Ordinary Shares representing approximately 1% of the issued share capital (excluding treasury shares) of INM.
There are no outstanding securities convertible into, or rights or options to subscribe for, INM Ordinary Shares and INM has agreed in the Transaction Agreement not to issue or grant any such securities, rights or options prior to the earlier of the completion of the Acquisition and the date, if any, on which the Transaction Agreement is terminated in accordance with its terms.
It is intended that dealing in INM Ordinary Shares on the Main Market and the Euronext Dublin Market will be suspended on or around the Effective Date.
In accordance with Rule 2.10 of the Takeover Rules, INM confirms that as at the close of business on 29 April 2019, being the last practicable date before this Announcement, it had 1,386,547,375 INM Ordinary Shares in issue with voting rights, with 5,597,077 INM Ordinary Shares held in treasury.