Sentences with phrase «current shareholders of»

All current shareholders of the two companies — FIMI Opportunity Funds, Israel's leading private equity fund (FIMI), US based Paine & Partners, LLC (Paine & Partners) and Dhanna Engineering of India — will remain shareholders of the merged company and will remain active on the Board of Directors, ensuring continuity and providing strong support for the success of the merged company.

The Plan enables the fund to bear expenses relating to the provision by financial intermediaries, including Schwab (together, service providers), of certain shareholder services to the current shareholders of the fund.

Each share class represents an interest in the same assets of the Funds, has the same rights and is identical in all material respects except that (i) each class of shares may be subject to different (or no) sales loads, (ii) each class of shares may bear different (or no) distribution fees; (iii) each class of shares may have different shareholder features, such as minimum investment amounts; (iv) certain other class - specific expenses will be borne solely by the class to which such expenses are attributable, including transfer agent fees attributable to a specific class of shares, printing and postage expenses related to preparing and distributing materials to current shareholders of a specific class, registration fees paid by a specific class of shares, the expenses of administrative personnel and services required to support the shareholders of a specific class, litigation or other legal expenses relating to a class of shares, Trustees» fees or expenses paid as a result of issues relating to a specific class of shares and accounting fees and expenses relating to a specific class of shares and (v) each class has exclusive voting rights with respect to matters relating to its own distribution arrangements.

Current shareholders of these ProShares ETFs are not required to take any action, nor is the transfer expected to have any effect on the trading of fund shares.

Both are open only to current shareholders of Fuller stock.

But after the release of qualified interim accounts on Tuesday, the question that must be asked now is whether the current shareholders of Lynas will end up owning the company or whether the price of refinancing its heavily geared balance sheet will mean a change in control.

While this would be bad for current shareholders of the bank, a lower share price would translate into a higher dividend yield, holding all else equal.

Staff is a founding and current shareholder of South African Women in Mining («SAWIMI») and extensively involved in women's affairs throughout South Africa.

Not exact matches

Baosteel and Aurizon look set to gain control of Aquila Resources after the iron ore hopeful rejected a takeover proposal from Mineral Resources, and instead recommended its shareholders accept the current $ 3.40 per share offer.

«The investigations, along with current discussions among shareholders, possible changes in the board of directors and management, will be a distraction,» Moody's said in a statement March 6, also highlighting the company's «weak credit metrics.»

Net income attributable to shareholders in the quarter, based on a current cost of supplies (CCS) and excluding identified items, rose to $ 5.322 billion from a year ago, compared with a company - provided analysts» consensus of $ 5.277 billion.

Perth - based gold miner Millennium Minerals has negotiated $ 5 million in additional debt funding from its major shareholder IMC Group but the deal is dependent on Millennium's current bankers agreeing to reschedule debt repayments due at the end of this month.

«We do believe the current governance structure, with Jamie Dimon serving as both chairman and CEO, and an independent minded board, has served the shareholders well and is right for the company at this time,» said Lee Raymond, JPMorgan Chase's presiding director and the former CEO of Exxon Mobil.

One of the amazing leadership aspects of Dorsey's gesture is that his block of options is not dilutive to current shareholders.

On Monday Institutional Shareholder Services (ISS) released a report recommending shareholders vote against 10 of Mylan's 11 current board members, including CEO Heather Bresch.

Undisclosed number of «putative class action lawsuits» by shareholders against Equifx and «certain» of its current and former officers and directors.

The article's author, Steve Denning, dissects the main theme of Martin's book, which is that the current practices around maximizing shareholder value actually do more harm than good:

During a two - hour question - and - answer session Wednesday at the Daily Journal shareholder meeting, the vice chairman of Berkshire Hathaway and longtime sidekick to Warren Buffett said he considers the current bitcoin craze to be «totally asinine.»

She wants to keep growing Patagonia to prove that her view of capitalism can work — that a company can achieve even more success when it thinks about future generations as shareholders alongside current investors.

Cree believes that these non-GAAP measures, when shown in conjunction with the corresponding GAAP measures, enhance investors» and management's overall understanding of the Company's current financial performance and the Company's prospects for the future, including cash flows available to pursue opportunities to enhance shareholder value.

But Exxon pays half its annual bonus in cash immediately and in its proxy, it cited one - and five - year return on average capital, current - year and five - year average earnings, and current - year as well as the ten - year average annual shareholder returns as part of the justification for its pay.

Unfortunately for U.S. companies and their shareholders, even if the current regulatory outburst proves futile on the policy front, it will cost them a lot of money and headaches.

Too often (95 % of the time) fund managers endorse the current board, they vote against other shareholders» proposals and they fail to introduce proposals of their own, Bogle says.

Pantry CEO Dennis Hatchell said the combination of the two complementary companies will benefit the current Pantry shareholders and provide opportunities for most of its employees.

Shareholders are taking a stand against Dell's $ 24.4 billion leveraged buyout, claiming that the current offer of $ 13.65 per share is a steal for Dell, but a miss for sShareholders are taking a stand against Dell's $ 24.4 billion leveraged buyout, claiming that the current offer of $ 13.65 per share is a steal for Dell, but a miss for shareholdersshareholders.

Further, investor confidence overall has got to be shaken by the unexpected 20 % dilution of current shareholders, the result of the private - placement sale to Ferro.

The Committee has carefully considered whether to maintain the Company's current classified board structure, particularly in light of last year's shareholder vote.

The company in August sold 1.5 million unregistered shares to a private investor who is also a current shareholder at a price of $ 2.10 per share, for aggregate consideration of $ 3.15 million.

Pushing the company to accept an offer from a firm such as Valeant, with a history of value destruction, is a disservice to current shareholders not an unlocking of value.

A number of insiders said that current executives, owners, shareholders, and managers of bitcoin trading platforms are not allowed to leave Beijing.

Meanwhile, whether Gal and Saar's plans are realized or thwarted by Krieger, QualiTau's current shareholders are benefitting from a rise in the value of their holdings.

* For current executives it is way to give more to employees in a way that can benefit themselves at the expense of future executives and shareholders, by capitalizing part of wages into a «book» liability that can be under - depreciated by current executives to the benefit of their bonuses.

* For employees it is a way to persuade current executives into getting pay raises in a way that hits the bonuses current executives, who are signing their employment contract, less than the bonuses of future executives and shareholders, who will have to pay those raises; hoping that future executives and shareholders will not renege on the promises of deferred compensation by previous ones.

F1's biggest current shareholder, investment fund CVC Capital Partners, and the other sellers will still own 65 % of Formula One Group stock, and retain board representation.

Another disturbing feature of the current picture is the widespread use of «extraordinary» items to charge off bad investments, excessive inventory, worthless receivables and other assets that were supposedly being accumulated for the benefit of shareholders.

When the interests of successive layers of management are «aligned» in this manner, the corporation may become so biased toward the narrow interests of its current shareholders that it fails to meet the requirements of its customers or other constituencies.

We believe the corporate governance measures noted above demonstrate that our Board has embraced independence, and our shareholders have recognized the effectiveness of our current Board leadership structure by re-electing our Chairman, the Lead Independent Director, and other Board members each year.

Despite the fact that the majority of shareholders oppose the activist shareholder proposals, because of the current regulatory regime, public companies must dedicate time, and money to defend against them.

Rapier Gold (RPR; C$ 0.055) has a 15 % arbitrage upside, but make sure to read the latest news — some of the current shareholders are opposing the merger.

What about the fact that Zuckerberg has now added another layer of anti-dilution protection that wasn't there when current shareholders bought into Facebook?

Shareholder proposals under the current SEC rules are not burdensome, and in the vast majority of cases, are not even binding.

Current regulations allow a company to exclude a resubmitted proposal from its proxy only if it failed to receive the support of 3 % of shareholders the last time it was voted on; 6 % if it has been voted on twice in the last five years; and 10 % if it was voted on three or more times in the last five years.

The SEC yield reflects the rate at which the fund is earning income on its current portfolio of securities while the distribution rate reflects the fund's past dividends paid to shareholders.

Critically examining the current paradigm of maximizing shareholder value.

Statements in this press release are not historical facts, including but not limited to the statements regarding JHL's future plans and its ability to complete the proposed Voluntary Delisting and maximize shareholder value, represent only the current expectations, assumptions, estimates and projections of the Company and are forward - looking statements.

Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry ® World ™; risks related to the collection, storage, transmission, use and disclosure of confidential and personal information; BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry.

The Class A common stock and RSUs issued to WhatsApp shareholders and employees upon closing will represent 7.9 % of Facebook shares based on current shares and RSUs outstanding.

Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.

A proposal that was substantially identical to the current shareholder proposal was put forth by two other shareholders in two of the last three years.

«We have engaged with both the prior and the current administrations in advocating on business issues that we believe are in the best interests of our consumers, teammates, and shareholders,» the statement said.