Examples of Topco B Shares in a sentence
Therefore, ADVANZ PHARMA shareholders who elect for the Alternative Offer are not expected to receive, after implementation of the Acquisition, such public disclosure documents as are currently filed by ADVANZ PHARMA in Canada, and, save to the extent required by law, only holders of Topco B Shares comprising three per cent.
Appendix IV contains a summary of the Topco Group and the terms of the Topco B Shares.
Fractional entitlements to Topco B Shares will not be allotted or issued to the Scheme Shareholders but will be disregarded and any such fractional entitlement shall be satisfied in cash.
ADVANZ PHARMA Shareholders are encouraged to take into account the disadvantages and advantages highlighted above, as well as their individual circumstances, when deciding whether or not to elect for the Alternative Offer.ADVANZ PHARMA Shareholders should also ascertain whether acquiring or holding Topco B Shares is affected by the laws of the relevant jurisdiction in which they reside and consider whether Topco B Shares are a suitable investment in light of their own personal circumstances.
A failure to invest such further sums could result in a Topco B Shareholder suffering significant dilution in their percentage ownership;- The right of holders of Topco B Shares to participate in future issues of securities by the Topco Group will also be subject to other important exceptions.
Appendix IV Details on the Topco Group and the Topco B Shares Part A Information on Topco and the Intermediate Holding Companies Topco is indirectly owned by Nordic Fund X Epsilon, through Nordic Holdco.
A summary of the key rights of the Topco B Shares are set out in Appendix IV.In addition, the attention of eligible ADVANZ PHARMA Shareholders who may be considering electing for the Alternative Offer is drawn to certain risk factors and other investment considerations relevant to such an election.
Further details will be included in the Scheme Document.Part B Information on Topco share capital Topco share capital following the AcquisitionOn or around completion of the Acquisition, Topco will issue Topco A Shares and Topco B Shares.
None of Topco or any of the Intermediate Holding Companies have traded since the date of their incorporation nor entered into any obligations, other than in connection with the Acquisition.Topco share capital following the AcquisitionOn or around completion of the Acquisition, Topco will issue Topco A Shares and Topco B Shares.
Under the Alternative Offer, eligible ADVANZ PHARMA Shareholders may elect, in respect of all (but not some only) of their ADVANZ PHARMA Shares, to receive the following Topco B Shares in lieu of the Cash Offer to which they are otherwise entitled: in respect of each ADVANZ PHARMA Share:0.1726 Topco B SharesThe fractional entitlements of each ADVANZ PHARMA Shareholder to Topco B Shares under the Alternative Offer will be reduced to the nearest whole number of Topco B Shares per ADVANZ PHARMA Shareholder.