Template:Nutshell Equity Derivatives 12.3(f): Difference between revisions

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:{{eqderivprov|12.3(f)}} “'''[[Component Adjustment (Tender Offers) - Equity Derivatives Provision|Component Adjustment]]'''”, then for a {{eqderivprov|Share-for-Combined}} {{eqderivprov|Tender Offer}}:
:{{eqderivprov|12.3(f)}} “'''[[Component Adjustment (Tender Offers) - Equity Derivatives Provision|Component Adjustment]]'''”, then, in respect of a {{eqderivprov|Share-for-Combined}} {{eqderivprov|Tender Offer}}, the consequence specified opposite “{{eqderivprov|Share-for-Share}}” shall apply to that portion of the consideration that consists of {{eqderivprov|New Shares}} (as determined by the {{eqderivprov|Calculation Agent}}) and the consequence specified opposite “{{eqderivprov|Share-for-Other}}” shall apply to that portion of the consideration that consists of {{eqderivprov|Other Consideration}} (as determined by the {{eqderivprov|Calculation Agent}}). <bR>
::(i) “{{eqderivprov|Share-for-Share}}” will apply to the part of the consideration comprising {{eqderivprov|New Shares}} and
::(ii)“{{eqderivprov|Share-for-Other}}” will apply to the part of the consideration comprising {{eqderivprov|Other Consideration}}. <br>

Latest revision as of 16:11, 21 April 2022

12.3(f)Component Adjustment”, then for a Share-for-Combined Tender Offer:
(i) “Share-for-Share” will apply to the part of the consideration comprising New Shares and
(ii)“Share-for-Other” will apply to the part of the consideration comprising Other Consideration.