Define: Holding Company
a newly formed holding company, pursuant to which the membership, pro rata shareholdings and classes of shares comprised in such holding company matches that of the Company (excluding Treasury Shares) immediately prior t
a newly formed holding company, pursuant to which the membership, pro rata shareholdings and classes of shares comprised in such holding company matches that of the Company (excluding Treasury Shares) immediately prior to the transfer of the issued share capital of the Company to such holding company;.
Relevant Circumstances
- When a parent vehicle is inserted above the company without changing economic ownership
- If a permitted reorganisation puts a new holding company on top of the group
- Where investor rights need to survive a holding-company restructuring