Examples of C Deferred Shares in a sentence
The C Deferred Shares shall be neither renounceable nor transferable.
The C Deferred Shares shall confer no right to participate in the profits of the Company.
If the Company redeems the C Deferred Shares, this will be treated as a disposal of the C Deferred Shares by Shareholders.
You do not need to do anything in relation to any C Deferred Shares that you hold.
The C Deferred Shares will not be listed on any stock exchange nor shall any share certificates be issued in respect of such shares.
The holders of the C Deferred Shares shall not be entitled, in their capacity as holders of such shares, to receive notice of any general meeting of the Company nor to attend, speak or vote at any such meeting.
On a return of capital on a winding-up (excluding any intra-group re-organisation on a solvent basis) but not otherwise, there shall be paid to the holders of the C Deferred Shares the nominal capital paid up or credited as paid up on such C Deferred Shares after paying to the holders of the Ordinary Shares the nominal capital paid up or credited as paid up on the Ordinary Shares held by them respectively, together with the sum of £100,000 on each Ordinary Share.
If that provision applies, the consideration on a subsequent disposal of C Deferred Shares could be increased on a just and reasonable basis to reflect the Single C Share Dividend.
The holders of C Deferred Shares are not entitled to any further right of participation in the assets of the Company.
The Company will be authorised to reduce its capital at any time (subject to the confirmation of the Court in accordance with the Act) and without obtaining the consent of the holders of the C Deferred Shares.