or a preemptive right
in the nature of a right of first refusal in gross with respect to an interest in land .
In order to participate in the Capital Purchase Program, the Company will seek the approval of shareholders at the Special Meeting to eliminate preemptive rights
from the Articles of Organization.
Moreover, the Investors agree in their subscription agreements to subscribe to additional shares in addition to those guaranteed by the assignment of preemptive rights
through the reserve of unsubscribed shares, in the event that there are remaining unsubscribed shares.
Marfrig's shareholders can exercise their preemptive rights
in up to 30 days, starting from the date of the notice to the market, and shareholders must pay the shares within this period.
The offer price is to be determined after the preemptive rights
2% of the shares offered, were subscribed for in connection with the preemptive rights
Nasdaq:INKP) today announced that the Philadelphia Court of Common Pleas entered a final judgment order approving the settlement of InKine's class action litigation related to the denial of certain claimed preemptive rights
In addition, for one year or the period of the London Arbitration Court's investigation into the issuance of new VimpelCom shares in Telenor's favour, Altimo agreed not to take any actions which could dilute Telenor's stake below a simple majority and to take all necessary actions to facilitate VimpelCom's preemptive rights
exercise, if the arbitration tribunal supports Telenor.
Since then, Telenor has been seeking to enforce what it considers the exercise of its preemptive rights
Calichera") has successfully completed the placement of the stock corresponding to its capital increase through shareholders' preemptive rights
, which was launched on August 2, 2007.
Telenor has already indicated that it will seek to use the preemptive rights
that it allegedly has regarding the planned share issue.
The preferred shares were initially offered to Bancolombia shareholders in a preemptive rights
offering conducted in Colombia, and subsequently offered exclusively outside of Colombia in the form of American Depositary Shares ("ADSs").