Examples of New Preference Shares in a sentence
The maximum number of New Preference Shares to be issued in connection with the Offer will be 58,309,808.
The State may exercise this option from the fifth to the tenth anniversary of the purchase of the New Preference Shares.
Such dividends shall rank pari passu and pro rata with each other and shall be paid in priority to any dividend on the New Preference Shares or on any other class of share.
In particular, the Commission views positively the commitment of the bank to refrain from mass marketing of the measure and a dividend ban (not affecting though the dividends due to the State on New Preference Shares).
ComEd may also elect to issue New Preference Shares that have a fixed dividend rate initially but changes to a variable rate several years after the date of issuance.
The estimates above assume that the New Preference Shares coupon is paid at each due date and that the Warrants are exercised immediately prior to sale at year 5 or thereafter.
These New Preference Shares would be issued and sold in one or more series, in one or more transactions.
If no dividend is paid on the New Preference Shares, no dividend can be paid on ordinary shares or on other Core Tier 1 capital instruments.
The Committee welcomed progress and expressed its support for the application of the For Future Inland Transport Systems (ForFITS) tool as part of the activities to support governments in mitigating the negative impacts of transport on the climate, as well as the development of the Non-Road Mobile Machinery Module.
The annual dividend rate or method or process of calculating it, and other principal terms of the New Preference Shares, including the purchase price per share, the date on which the shares are to be delivered, the sinking fund provisions, if any, the redemption prices, and the liquidation price, will be determined by ComEd and the underwriters or purchasers.