Provided approval is granted and the convertible shares
are issued, the convertible shares
will automatically convert to 24.0 million ordinary shares 12 months after they are issued.
Preferred shares, common shares, convertible shares
, series a, series b, warrants, etc.
Rhne's investment, combined with secondary acquisitions, will give it US$200 million in preferred convertible shares
The foregoing share price reflects Ithaca's value of CDN 841m (approximately USD 647m (including shares arising from exercising the convertible shares
Al Waseet, which is controlled by a member of the Kuwaiti royal family, will receive 459,005, 021 convertible shares
in Greenland, making it the company's second biggest shareholder.
The figures, published last October, stated in a paragraph described as Note 30: "No share options or convertible shares
are held within the Group, therefore no diluted Earnings per Share calculation is required."
BlackBerry announced the end of its strategic review along with the exit of its CEO Thorsten Heins and said that Fairfax has agreed to invest 1 billion dollars through convertible shares
As for Komercijalna Banka, the negotiations with four international financial institutions that hold preferred convertible shares
are in progress and it can be expected that they will not sell these shares in the mentioned period.
Last year's deal stipulates that Vimpelcom was to pay Naguib Sawiris, CEO of OTH, around $1.5 billion in cash, in addition to 330.6 million common and convertible shares
, according to Reuters report, quoted by AhramOnline January 2011.
TEPCO will then issue 1.6 billion convertible preferred shares with voting rights and 340 million convertible shares
without voting rights to the fund by July 25.
Approximately 3,000 of the newly issued shares will be exchanged for 100% in the target company, with the remaining newly issued shares granted to the seller in the form of convertible shares
in return for an US$ 8mn cash injection.
The drop leaders once again were the shares of Norilsk Nickel (they are being pressured by the news on the company financing the buyback of shares to issue convertible shares
), Tatneft, NLMC and several energy companies: OGKa5, TGKa14, IRNC Holding.