V-1.1 - Securities Act

Full text
111. Issuer bid means a direct or indirect offer to acquire or redeem securities or a direct or indirect transaction to that end that is made by the issuer of the securities and that falls in a class of offers to acquire or redeem determined by regulation.
1982, c. 48, s. 111; 1984, c. 41, s. 40; 1999, c. 40, s. 327; 2006, c. 50, s. 41.
111. A person’s interest is determined as the sum of the securities owned or controlled by the person and by joint actors of the person, including, in particular, securities controlled by virtue of the power to exercise the voting rights attaching to them.
Companies affiliated with and persons associated or acting in concert with a person are deemed to be joint actors of the person.
A person who, pursuant to an agreement with the offeror or one of his joint actors, acquires securities of the class offered or who intends to exercise the voting rights attaching to the securities in concert with the offeror or one of his joint actors is presumed to be acting in concert with the offeror.
1982, c. 48, s. 111; 1984, c. 41, s. 40; 1999, c. 40, s. 327.
111. A person’s interest is determined as the sum of the securities owned or controlled by the person and by joint actors of the person, including, in particular, securities controlled by virtue of the power to exercise the voting rights attaching to them.
Companies affiliated with and persons associated or acting in concert with a person are deemed to be joint actors of the person.
A person who, pursuant to an agreement with the offeror or one of his joint actors, acquires securities of the class offered or who intends to exercise the voting rights attaching to the securities in concert with the offeror or one of his joint actors is deemed to act in concert with the offeror.
1982, c. 48, s. 111; 1984, c. 41, s. 40.
111. In determining a dominant position, any security or interest which enables the holder to acquire a voting security at the given time by a single transaction or several linked transactions is also considered to be a voting security.
1982, c. 48, s. 111.