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Pricing and Lock-in

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....s, 1999 - (Repealed)<br>17. Pricing and Lock-in: 18.1 The company shall have the freedom to determine price of shares to be issued under an ESPS, provided they conform to the provisions of clause 1....

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.... shares of the transferor company shall be adjusted against the lock-in required under this clause.] 18.3 If the ESPS is part of a public issue and the shares are issued to employees at the same pr....

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