Bonus share

Reduction Of Capital Becomes Effective

Retrieved on: 
Saturday, June 10, 2023

Metro Bank is pleased to announce that, following the sanction by the High Court of Justice in England and Wales (the “Court”) of the reduction of capital by way of cancellation of the Bonus Shares and the Special Subscriber Shares (the “Reduction of Capital”) on 6 June 2023, the order of the Court confirming the Reduction of Capital and, a statement of capital approved by the Court, were registered by the Registrar of Companies.

Key Points: 
  • Metro Bank is pleased to announce that, following the sanction by the High Court of Justice in England and Wales (the “Court”) of the reduction of capital by way of cancellation of the Bonus Shares and the Special Subscriber Shares (the “Reduction of Capital”) on 6 June 2023, the order of the Court confirming the Reduction of Capital and, a statement of capital approved by the Court, were registered by the Registrar of Companies.
  • Accordingly, the Reduction of Capital has now become effective.
  • Details of the Reduction of Capital were set out in the Scheme Document published by Metro Bank plc on 22 March 2023 and the Prospectus published by Metro Bank on 22 March 2023, and the Reduction of Capital was approved by shareholders of Metro Bank at a general meeting of the Company on 26 April 2023.
  • The Reduction of Capital in respect of the Bonus Shares does not involve any distribution or repayment of capital by Metro Bank.

Issue of Bonus Shares

Retrieved on: 
Saturday, June 10, 2023

As set out in the Scheme Document and Prospectus dated 22 March 2023, Metro Bank has capitalised the merger reserve which arose when the Scheme became effective by using the merger reserve to pay up newly issued special shares of £0.000001 each in the capital of Metro Bank by way of a bonus issue to the shareholders of Metro Bank (“Bonus Shares").

Key Points: 
  • As set out in the Scheme Document and Prospectus dated 22 March 2023, Metro Bank has capitalised the merger reserve which arose when the Scheme became effective by using the merger reserve to pay up newly issued special shares of £0.000001 each in the capital of Metro Bank by way of a bonus issue to the shareholders of Metro Bank (“Bonus Shares").
  • Metro Bank today confirms that the Bonus Shares have been issued and credited as fully paid to the shareholders of Metro Bank in proportion to the number of New MB Shares held by them.
  • The Bonus Shares are expected to exist for a short amount of time and will be cancelled subject to Court approval.
  • The Bonus Shares are not transferrable and no share certificates will be issued in respect of them and they will not be admitted to CREST.

Alvarium Tiedemann Announces Issuance of Bonus Shares to Non-Redeeming Public Shareholders

Retrieved on: 
Wednesday, January 4, 2023

Alvarium Tiedemann Holdings, Inc. (NASDAQ: ALTI) (“Alvarium Tiedemann” or “AlTi” or the “Company”) announced that in accordance with the Sponsor Support Agreement, dated as of September 19, 2021 (as amended, the “Sponsor Support Agreement”), at the closing of the Business Combination, Cartesian’s sponsor, CGC Sponsor LLC, forfeited a total of 2,118,569 shares of Class A common stock, which shares were issued to public shareholders of Cartesian who did not elect to redeem their shares and investors in the private placement consummated concurrently with the closing of the Business Combination (collectively, the “Bonus Shares”).

Key Points: 
  • Alvarium Tiedemann Holdings, Inc. (NASDAQ: ALTI) (“Alvarium Tiedemann” or “AlTi” or the “Company”) announced that in accordance with the Sponsor Support Agreement, dated as of September 19, 2021 (as amended, the “Sponsor Support Agreement”), at the closing of the Business Combination, Cartesian’s sponsor, CGC Sponsor LLC, forfeited a total of 2,118,569 shares of Class A common stock, which shares were issued to public shareholders of Cartesian who did not elect to redeem their shares and investors in the private placement consummated concurrently with the closing of the Business Combination (collectively, the “Bonus Shares”).
  • The Bonus Shares were issued pro rata based on the number of shares of Class A common stock held by such holders immediately prior to the closing of the Business Combination or subscribed for in the private placement.
  • As a result of the issuance of the Bonus Shares, public shareholders of Cartesian who did not elect to redeem their shares will receive approximately 1.121617 shares of Class A common stock of AlTi for each share held immediately prior to the closing of the Business Combination.

Euro Tech Holdings Company Limited Declares Issuance of Bonus Shares

Retrieved on: 
Thursday, December 16, 2021

HONG KONG, Dec. 16, 2021 /PRNewswire/ --Euro Tech Holdings Company Limited (NASDAQ: CLWT) (the "Company") announced today that its board of directors has authorized the issuance of bonus shares (the "Bonus Shares"), which are issuable on January 21, 2022 to shareholders of record as of January 7, 2022 (the "Record Date").

Key Points: 
  • HONG KONG, Dec. 16, 2021 /PRNewswire/ --Euro Tech Holdings Company Limited (NASDAQ: CLWT) (the "Company") announced today that its board of directors has authorized the issuance of bonus shares (the "Bonus Shares"), which are issuable on January 21, 2022 to shareholders of record as of January 7, 2022 (the "Record Date").
  • Shareholders of record on the Record Date will receive one (1) ordinary share for every two (2) ordinary shares held.
  • All issuances resulting in a fractional share will be rounded down to the next whole share.
  • Certain statements contained in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.

DGAP-News: Bechtle remains optimistic after AGM

Retrieved on: 
Wednesday, June 16, 2021

Neckarsulm, 16 June 2021 - Yesterday, the Bechtle AG AGM signed off on a dividend payout of 1.35 per no-par share, an increase of 12.5 % compared to the previous year.

Key Points: 
  • Neckarsulm, 16 June 2021 - Yesterday, the Bechtle AG AGM signed off on a dividend payout of 1.35 per no-par share, an increase of 12.5 % compared to the previous year.
  • This year, Bechtle AG's AGM was once again held virtually due to coronavirus.
  • The effect is comparable to a 3-to-1 stock split, as each Bechtle AG shareholder receives an additional two new bonus shares for each existing Bechtle share.
  • The price of the Bechtle share will be divided by three accordingly, without impacting the real value of the share portfolio.

Kaufman & Broad SA: DESCRIPTION OF THE SHARE REPURCHASE PROGRAM

Retrieved on: 
Thursday, May 6, 2021

b"In the last 24 months prior to May 6th, 2021\nCovering the period starting the day following the assement of the previous program was established and ending on May 5th,2021.

Key Points: 
  • b"In the last 24 months prior to May 6th, 2021\nCovering the period starting the day following the assement of the previous program was established and ending on May 5th,2021.
  • Transaction made as part of block transactions or liquidity contract.\nNumber of tresury shares owned directly and indireclty : 465,132 representing 2,14 % of the company capital.\nMaximum proportion of the share capital authorised for buyback : 10 % currently equivalent to 2,171,302 shares.
  • Given the number of shares already held and amounting to 465,132 (2.14 % of the share capital), the maximum number of additional shares that can be bought will be 1,706,170 shares (7,86 % of the share capital) unless the Company sells or cancels the shares already held.\nStimulate the market or the liquidity of the Company's shares through an investment service provider under a liquidity agreement that complies with the AMAFI Ethics Charter recognized by the AMF,\nAcquire shares to be held and subsequently delivered in payment or exchanged as part of corporate acquisition transactions,\nAward or transfer stock to employees and/or corporate officers ( on the terms and in the manner provided for by law) in particular as part of a stock option plan, a bonus share award plan or a company savings plan,\nAward stock by the delivery of shares when exercising the rights attached to securities giving the right via redemption, conversion, exchange or presentation of a warrant, or in any other way, to an allocation of the Company's stock,\nPotentially cancel the shares acquired, under the conditions of the authorization granted by the Shareholder's Meeting.\nProgram duration : 18 months after Shareholders'Meeting held on May 6th 2021, so up to November the 6th , 2022.\nThis press release is available on the website: www.kaufmanbroad.fr\n"

Capital increase of 80,553 shares (equivalent to approximately 0.23% of the existing shares) in Orphazyme A/S as a result of an issue of bonus shares to KUMCRI and directed issuance of new shares

Retrieved on: 
Thursday, February 25, 2021

The capital increase was decided pursuant to the Board of Directors authorization laid down in Article 3.2 and 3.3 of the Articles of Association.

Key Points: 
  • The capital increase was decided pursuant to the Board of Directors authorization laid down in Article 3.2 and 3.3 of the Articles of Association.
  • Accordingly, the Companys share capital will be increased by nominally DKK 22,553 by way of an issue of bonus shares at par value by transfer of DKK 22,553 from the Companys distributable reserves.
  • Thus, the Company will issue 58,000 new shares each with a nominal value of DKK 1, and the share capital will be increased by nominally DKK 58,000.
  • Following the share capital increase, the total nominal share capital will be DKK 34,948,387, divided into 34,948,387 shares each with a nominal value of DKK 1.