the face (par) value of a share (security). It is not necessarily equal to the issue price, since the shares can be issued at a premium and will rarely be equal to the current market price. Dividend and other issues are calculated with reference to the nominal value of the share
For the purposes of this directive,'merger by acquisition' shall mean the operation whereby one or more companies are wound up without going into liquidation and transfer to another all their assets and liabilities in exchange for the issue to the shareholders of the company or companies being acquired of shares in the acquiring company and a cash payment, if any, not exceeding 10 % of the nominal value of the shares so issued or, where they have no nominal value, of their accounting par value.
Online Language Learning Tool SkELL allows users to search for phrases in sentences, collocates and similar words. These examples have been automatically selected and may contain errors.
