Examples of Target Shares in a sentence
Target Shareholder means a person who is registered in the Target Share Register as a holder of Target Shares.
Target Shares means fully paid ordinary shares in the capital of the Target.
As of August 22, 2019, Mr. Maezawa is the largest major shareholder of the Target and holds 112,226,600 shares (shareholding ratio: 36.76%) of the Target Shares.
Notwithstanding the above, the Company may furnish all or part of the Target Shares held by it to a financial institution as a collateral for a financial transaction (including collateral assignment) by the Company.
In such case, the Company and the Target are to discuss in good faith, in accordance with the Capital and Business Alliance Agreement, the Company’s acquisition of additional Target Shares and other measures to make the Target its consolidated subsidiary, but the timing of such discussion and the specific measures to be taken have yet to be determined.