Examples of Class C Preference Shares in a sentence
Both Class B and Class C Preference Shares will be due for redemption on 31st December, 2013 if not converted before the said date.
Class C Preference Shares may be issued at any time and from time to time by the Company in one or more series.
In the event that holders of Class C Preference Shares become entitled to vote for the election of a director, the holders of the Class B Preference Shares acting together with the holders of the Class C Preference Shares will be entitled to elect one director on the basis of one vote for each Class B Preference held.
Subject to the Articles and the Companies Law of the Cayman Islands, the Board may fix the number of Class C Preference Shares in each series, the designation, rights, privileges, restrictions and conditions attached to the Class C Preference Shares in each series, including without any limitation any voting rights, any right to receive dividends, any terms and conditions of redemption or purchase, any conversion rights and any rights on liquidation, dissolution or winding up of the Company.
This Form of Proxy shall apply to all the Class C Preference Shares registered in the name of Preference Shareholders at the relevant record date unless a lesser number of Shares is inserted.2. A Shareholder may appoint one person as his proxy by inserting the name of such proxy in the space provided.
Each of Sasol and Sasol Financing hereby acknowledges in favour of the Class C Preference Shareholders that the Guarantee is given by each of Sasol and Sasol Financing in favour of the Class C Preference Shares is in respect of the obligations of the Company to the Class C Preference Shareholders on account of and in connection with the Class C Initial Subscription Shares and the Class C Subsequent Subscription Shares.
The change in share prices do not have an impact on other comprehensive income and statement financial position on deconsolidation of BEE SPV.5. Column 4 presents the redemption of the Vendor Preference Shares and the Class C Preference Shares.
Due to the significant decline in the Grindrod Share price over the past two years, the aggregate outstanding redemption value and value of accrued, unpaid dividends in respect of the Vendor Preference Shares and the Class C Preference Shares is c.
In the event, all amounts issued under the Class F Note and Class G Note have been repaid, the Class G Preference Shares and Class F Preference Shares will be paid in priority to the Class E Preference Shares, the Class D Preference Shares, the Class C Preference Shares, the Class B Preference Shares and the Class A Preference Shares, in the following amount = US$196.30 per Class G Preference Shares and US$262.88 per Class F Preference Share.
Class C Preference Shares :- If the EPS of the Company for any EPS financial year during the Earn out period first exceeds Rs 36.40, each Class C Preference Share shall be converted into 1 (one) equity share of the Company within 6 (six) months from the expiry of the said EPS Financial Year.