Examples of Deferred Ordinary Shares in a sentence
The Sterling Deferred Ordinary Shares do not entitle the holder to payment of any dividend, or to receive notice or to attend and speak at any general meeting of the Company.
The Company may also at its option redeem the Sterling Deferred Ordinary Shares at a price of £1.00 or, as custodian, purchase or cancel the Sterling Deferred Ordinary Shares or require the holder to transfer the Sterling Deferred Ordinary Shares.
There are no restrictions on the transfer of the Ordinary shares.The Sterling Deferred Ordinary Shares only entitle the shareholder on winding up or on a return of capital to payment of the amount paid up after repayment to Ordinary Shareholders.
The applicant therefore has not demonstrated or proven the existence of any clear right in this respect.
Subject as aforesaid, the Deferred Ordinary Shares are not transferable by the holder(s) thereof.
Subject as aforesaid, the Deferred Ordinary Shares are not transferable by the holder(s) thereof.(d) The holders of the “A” Deferred Shares shall not, by virtue or in respect of their holding of “A” Deferred Shares, have the right to receive notice of any general meeting of the Company or the right to attend, speak or vote at any such general meeting.
The Deferred Ordinary Shares and B Deferred Shares shall not entitle the holders thereof to participate in the profits or assets of the Company (by way of payment of any dividends, on a Winding-up or otherwise).
The A Deferred Shares, B Deferred Shares and Deferred Ordinary Shares shall not entitle the holders thereof to receive notice of or to attend or vote at any general meeting of the Company.
The maturity of all Deferred Ordinary Shares issued shall be extended to become coterminous in maturity with the issue of Deferred Ordinary Shares pursuant to this Offer.
The value of the Deferred Ordinary Shares was determined at £8.30, the closing share price subsequent to 5 July 2022, the effective date of cancellation of the LTIP.