The subordinate voting shares
have not been, and will not be, registered under the U.S.
SmartLynx also has the option exercisable for a period of twelve months following the closing of the Private Placement to complete a financing for variable voting shares
for additional gross proceeds of up to $7.5 million at the discounted market price at the time it exercises its option.
The Subordinate Voting Shares
were acquired by Fairfax for investment purposes.
This disclosure is to ensure the market is informed about shareholders who control a significant number of voting shares
Canadian carrier WestJet Airlines Ltd (TSX:WJA) on Wednesday announced that its board of directors has approved a 20% increase in its quarterly dividend per common voting share
and variable voting share
It also offered at the same time, 41,186,666 Non Voting Shares
to the registered holders of Ordinary Non Voting Shares
in the ratio of one share for every three shares held in the Company at an issue price of Rs.
(TSX VENTURE:DIB), a Canadian exploration mining company, focused on precious and base metals in Chihuahua State and other areas of northern Mexico, has completed its acquisition of 29,377,015 voting shares
of Sociedad Minera Corona SA.
On the other hand, for firms with concentrated ownership, such as all Brazilian firms analyzed in this paper, marginal voting shareholders do not play any pivotal role in control contests since controlling shareholders always have a majority of outstanding voting shares
The United States, which has the most voting shares
, would keep its current weight - almost 17%.
A fourth version of IMF reform is suggested by the European Central Bank, which wants to take a seat at the IMF in place of the Eurozone IMF members by taking over their voting shares
, This view would accept the impartial umpire model if and only if the ECB-reinforced IMF would have the authority to tell the United States what the rules of the game are.
Madison will establish a credit facility for FCT, to a maximum of $300,000, and invest $1.6 million, inclusive of any advances under the facility, in exchange for the issuance of 39.5 percent of FCT's voting shares
and 93.6 percent of its non-voting shares, representing 88.6 percent of the company's equity.
[section] 1842(a)(1)) to become a bank holding company by acquiring all the voting shares
of The First National Bank of Calumet, Calumet, Oklahoma ("Calumet Bank").