Examples of C Deferred Shares in a sentence
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 C Deferred Shares shall confer no right to participate in the profits of the Company.
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.
The Ishan ethnic group and have a well-established traditional leadership heritage.
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.
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.
The C Deferred Shares will not be listed, will carry extremely limited rights and will have negligible value as Shareholders will have already received a cash pay-out in relation to those shares.It is expected that the Single C Share Dividend will generally be treated as dividend income for United Kingdom tax purposes.
On a return of capital on a winding up or dissolution of the Company, the holders of the C Deferred Shares shall be entitled to receive an amount equal to the nominal amount paid up thereon, but only after the holdersof Ordinary Shares have received £100,000 per Ordinary Share.
Subject to the provisions of the Act and to the provisions of these articles, the Company may, at any time, without prior notice, redeem all C Deferred Shares then in issue but all such C Deferred Shares shall be automatically redeemed on 30 April 2012 (unless determined otherwise by the Directors) for a total aggregate price not exceeding one penny for all such C Deferred Shares redeemed.