Examples of B Deferred Shares in a sentence
No share certificates will be issued in respect of the B Deferred Shares.
This will result in 1,420,806,859 New Ordinary Shares and 1,420,806,859 B Deferred Shares being in issue immediately following the Sub-Division.
The Deferred Shares, A Deferred Shares and B Deferred Shares have no economic value.
Below is a summary of the material differences between the Current Articles and the proposed New Articles: Established rights of B Deferred Shares The New Ordinary Shares created upon implementation of the Capital Reorganisation will have the same rights as the Existing Ordinary Shares including voting, dividend, return of capital and other rights.
No share certificates will be issued in respect of the B Deferred Shares, nor will CREST accounts of shareholders be credited in respect of any entitlement to B Deferred Shares.