Announcement Date - Equity Derivatives Provision: Difference between revisions

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{{eqderivprov|12.1(l)}} "'''{{eqderivprov|Announcement Date}}'''" means, in respect of an {{eqderivprov|Extraordinary Event}}, <br>
{{eqderivsnap|12.1(l)}}
:(i) in the case of a {{eqderivprov|Merger Event}}, the date of the first public announcement of a firm intention to engage in a transaction (whether or not subsequently amended) that leads to the {{eqderivprov|Merger Event}}, <br>
====Commentary====
:(ii) in the case of a {{eqderivprov|Tender Offer}}, the date of the first public announcement of a firm intention to purchase or otherwise obtain the requisite number of voting shares (whether or not subsequently amended) that leads to the {{eqderivprov|Tender Offer}}, <br>
 
:(iii) in the case of an {{eqderivprov|Index Disruption}} or {{eqderivprov|Index Cancellation}}, the date of the first public announcement by the {{eqderivprov|Index Sponsor}} of any adjustment or cancellation as described in Section {{eqderivprov|11.1(b)}} that leads to the {{eqderivprov|Index Disruption}} or {{eqderivprov|Index Cancellation}} and in the case of an {{eqderivprov|Index Modification}}, the {{eqderivprov|Exchange Business Day}} immediately prior to the effective date of the {{eqderivprov|Index Modification}}, <br>
====See Also====
:(iv) in the case of a {{eqderivprov|Nationalization}}, the date of the first public announcement to nationalize (whether or not subsequently amended) that leads to the {{eqderivprov|Nationalization}}, <br>
 
:(v) in the case of an {{eqderivprov|Insolvency}}, the date of the first public announcement of the institution of a proceeding or presentation of a petition or passing of a resolution (or other analogous procedure in any jurisdiction) that leads to the {{eqderivprov|Insolvency}} and (vi) in the case of a {{eqderivprov|Delisting}}, the date of the first public announcement by the {{eqderivprov|Exchange}} that the {{eqderivprov|Shares}} will cease to be listed, traded or publicly quoted in the manner described in Section {{eqderivprov|12.6(a)}}(iii). In respect of any {{eqderivprov|Extraordinary Event}} other than an {{eqderivprov|Index Disruption}}, if the announcement of such {{eqderivprov|Extraordinary Event}} is made after the actual closing time for the regular trading session on the relevant {{eqderivprov|Exchange}}, without regard to any after hours or any other trading outside of such regular trading session hours, the {{eqderivprov|Announcement Date}} shall be deemed to be the next following {{eqderivprov|Scheduled Trading Day}}.  <br>
{{eqderivanatomy}}

Revision as of 11:16, 11 August 2014

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Commentary

See Also

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