Meg Whitman Sells $16.6 Million in HPE Stock
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In the merger, each share of Seattle common stock outstanding immediately prior to the merger will be automatically converted into the right to receive a number of American Depositary Shares of Micro Focus each representing one ordinary share of Micro Focus such that immediately following the merger, these newly issued American Depositary Shares will, in the aggregate, represent The balance of the then-outstanding Micro Focus ordinary shares will be held by pre-merger shareholders of Micro Focus.
During this period of two-way trading in HPE common stock, an HPE stockholder may also sell the Micro Focus American Depositary Shares that will be issued in respect of the shares of Seattle common stock that are distributed in the spin-off.
These trading options are outlined in further detail below. If the merger is not completed, all trades under these temporary symbols will be cancelled. In all cases, investors hpe stock options consult with their financial advisors regarding hpe stock options specific implications of selling shares of HPE common stock or the right to receive shares of Seattle common stock in the spin-off and, consequently, Micro Focus American Depositary Shares in the merger hpe stock options the closing date of the merger.
Additional details about the spin-off and the merger may be found in the registration statement on Form 10 filed by Seattle with the Hpe stock options. About Hewlett Packard Enterprise HPE is an industry-leading technology company that enables customers to go further, faster.
Private Securities Litigation Reform Act of The forward-looking statements contained in this announcement may include, but are not limited to, statements about the expected effects on Micro Focus, Hpe stock options and Seattle of the Transaction, the anticipated timing and benefits of the Transaction, Micro Focus' and Seattle's anticipated standalone or combined financial results and outlooks and all other statements in this document other than hpe stock options facts.
Without limitation, any statements preceded or followed by or that include the words "targets", "plans", "believes", "expects", "intends", "will", "likely", "may", "anticipates", "estimates", "projects", "should", "would", "expect", "positioned", "strategy", "future" or words, phrases or terms of similar substance or the negative thereof, are forward-looking statements. These statements are based hpe stock options the current expectations of the management of Micro Focus, HPE or Seattle as the case may be and are subject to uncertainty and changes in circumstances and involve risks and uncertainties that could cause hpe stock options results to differ materially from those expressed or implied in such forward-looking statements.
As such, forward-looking statements should be construed in light of such factors. Neither Micro Hpe stock options, HPE nor Seattle, nor any of their respective associates or directors, proposed directors, officers or advisers, provides any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements in this announcement will actually occur or that if any of the events hpe stock options, that the effect on the operations or financial condition of Micro Focus, HPE or Seattle will be as expressed or implied in such forward-looking statements.
Forward-looking statements contained in this announcement based on past trends or activities should not be taken as a representation that such trends or activities will necessarily continue in the future. In addition, these statements are based on a number of assumptions that are subject to change. Such risks, uncertainties and assumptions include, but are not limited to: Additional factors can be found under the caption "Risk Factors" in the information statement that forms a part of the registration statement on Form 10 filed by Seattle with the SEC in connection with the spin-off and in HPE's Annual Report on Form K for the fiscal year ended October 31, and subsequent Quarterly Reports on Form Q.
For a discussion of important factors which could cause actual results to differ from forward-looking statements relating to Micro Focus, refer to Micro Focus' Annual Report and Accounts It is however noted hpe stock options it is not possible to predict or identify all such factors. Consequently, while the list of factors presented or referred to here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties.
Investors should not place undue reliance on forward-looking statements, which speak only as of the date of this announcement. Additional Information and Where to Find It This communication is not for release, publication or distribution, in whole or in part, hpe stock options, into or from any jurisdiction where to hpe stock options so would constitute a violation of the relevant laws of such jurisdiction.
Hpe stock options communication is not intended to and does not constitute, or form part of, an offer, invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities, or the solicitation of any vote or approval in any jurisdiction, pursuant to the Transaction or otherwise, nor shall there be any sale, issuance or transfer of securities of Micro Focus or Seattle in any jurisdiction in contravention of applicable law.
Micro Focus has published a circular and prospectus in connection with the Transaction and any decision in respect of, or other response to, the Transaction should be made on the basis of the information contained in such documents.
This communication does not constitute a prospectus hpe stock options prospectus equivalent document. Overseas Jurisdictions The release, publication or distribution of this communication in jurisdictions other than the United States or the United Kingdom, and the ability of shareholders located outside of these jurisdictions to participate in the Transaction, may be restricted by law and therefore any persons who are subject to the laws of any other jurisdiction should inform themselves about, hpe stock options observe any applicable legal or regulatory requirements.
Editorial contact Kate Holderness corpmediarelations hpe. Hewlett Packard Enterprise Company Logo. August 04, With a Reader Account, it's easy to send email directly to the contact for this release. Sign up today for your free Reader Account! Already have an account? GlobeNewswirea Nasdaq company, is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.