Examples of Company Preference Shares in a sentence
Rights and Duties of the Shareholders Owning Company Preference Shares “8.1. Each Company preferred share provides to its holder the same rights.8.2. Shareholders owning preferred shares shall have the right to receive annual fixed dividends, except cases provided for by this Charter.
On each exercise of the call option, the Foundation is entitled to acquire from the Company Preference Shares up to a maximum corresponding with 100% of the issued and outstanding share capital of the Company excluding the Preference Shares in the share capital of the Company as outstanding immediately prior to the exercise of the call option, less one Ordinary Share, from which maximum any Preference Shares already placed with the Foundation at the time of the exercise of the call option must be deducted.
We understand that the Company proposes to pursue the Transaction after revising the Original Exchange Ratio, pursuant to which, among other things, the Company would issue, and each holder of Cairn India Shares (other than the Company and its subsidiaries) would receive for each Cairn India Share (a) one Company Share and (b) 4 Company Preference Shares ((a) and (b) together, the Revised Exchange Ratio).
The members of the Forum shall elect, from among their number, avice chairperson chairperson and a vice chairperson.
In the event of the winding up of the Company, Preference Shares will rank for repayment of capital behind all creditors of the Company, but ahead of the ordinary class shares.