Examples of A Deferred Shares in a sentence
The A Deferred Shares shall entitle the holders thereof to participate pari passu with holders of the Ordinary Shares in the profits or assets of the Company on a Winding- up, up to an amount being the amount of the par value paid up in respect of such A Deferred Shares.
They include a commitment, that the Angolan government will prefer Chinese investors at construction works by offering 70 % of its public tenders to Chinese companies, whereas the credit disbursement will be in oil – 10 000 bbl oil daily during the first two years and 15 000 bbl daily until maturity date (Ministerio das Financas Republica de Angola, wsiq, 2008).
The Company shall at all times keep available out of its authorised but unissued share capital solely for the purpose of effecting the conversion of A Deferred Shares, such number of Ordinary Shares as shall from time to time be sufficient to effect the conversion of all A Deferred Shares, and the Company will take such corporate action as may be necessary to increase its authorised but unissued Ordinary Shares to such number of Shares as shall be sufficient for such purposes.
The A Deferred Shares, B Deferred Shares and Deferred Ordinary Shares shall not entitle the holders thereof to receive notice of or to attend or vote at any general meeting of the Company.
The A Deferred Shares shall, (other than upon a Winding-up whereupon the terms of Article 3(d) shall apply) not entitle the holders thereof to participate in the profits or assets of the Company (by way of payment of any dividends or otherwise).
Validity of actions (1) Where the constitution of a company sets out the objects of the company, there is deemed to be a restriction in the constitution on carrying on any business or activity that is not within those objects, unless the constitution expressly providesotherwise.
Immediately following a Redesignation Event, each holder of A Deferred Shares which have been converted into and redesignated as Ordinary Shares shall send to the Company the certificates in respect of the A Deferred Shares held by him and thereupon, but subject to receipt of such certificates, the Company shall issue to such holders respectively certificates for the Ordinary Shares.
DPHL Digitalbox Publishing (Holdings) Limited (company number: 11054216).Deferred Shares the A Deferred Shares and the B Deferred Shares.
The 'B' Deferred Shares shall not be issued unless and until all of the 'A' Deferred Shares shall have accrued the entitlement to be converted to Ordinary Shares.
The Deferred Shares and A Deferred Shares shall carry no rights to dividends and no rights to vote at any general meeting or annual general meeting of the Company.