substantial shareholder definition

substantial shareholder means a person who is entitled to exercise, or to control the exercise of, 10% or more (or such other percentage as may be prescribed by the Listing Rules) of the voting power at any general meeting of the Company;

substantial shareholder means in relation to a company, a person who is entitled to exercise, or control the exercise of 10% or more of the voting power at any general meeting of the company.

substantial shareholder in relation to a company means a person who is entitled to

Examples of substantial shareholder in a sentence

• In the case of any Business Combination with a Substantial Shareholder, the Continuing Directors shall determine the Highest Per Share Price or the Highest Equivalent Price for each class and series of the capital stock of the Corporation.

• A Substantial Shareholder shall be deemed to have acquired a share of the Voting Stock of the Corporation at the time when such Substantial Shareholder became the Beneficial Owner thereof.

• Further, no Incentive Stock Option granted to an employee who is a Substantial Shareholder at the time of the grant of such Option shall be exercisable after the expiration of (5) years from the date of grant of such Option.

• In determining the Highest Per Share Price and Highest Equivalent Price, all purchases by the Substantial Shareholder shall be taken into account regardless of whether the shares were purchased before or after the Substantial Shareholder became a Substantial Shareholder.

• In the case of any Business Combination with a Substantial Shareholder, the Continuing Directors shall determine the Highest Per Share Price or the Highest Equivalent Price for each class and series of the capital stock of the corporation.

More Definitions of substantial shareholder

substantial shareholder in relation to a company means a person (including a

substantial shareholder means a person in Mauritius or elsewhere, who holds by himself or his nominee, a share or an interest in a share which entities him to exercise not less than 5 per cent of the aggregate voting power exercisable at the meeting of shareholders;

substantial shareholder means a shareholder entitled to exercise or control the exercise of 15 percent or more of the voting power at general meetings of the company or one who is in a position to control the composition of a majority of the board of directors of a company;

substantial shareholder means in relation to a company, a Person holding five percent (5%) or more of such company’s issued share capital or of such company’s voting rights;

substantial shareholder means any person who is directly or indirectly the beneficial owner of more than ten percent (10%) of any class of its equity security.

substantial shareholder means any person or registered shareholder that, directly or indirectly, holds, controls or is entitled to exercise the voting rights in not less than five per cent of any class of voting shares of a company, and for the purpose of determining whether a person is a substantial shareholder -

substantial shareholder means any Person directly or indirectly holding more than five percent (5%) of the issued and outstanding Shares of the Company (on an as-converted basis).