Examples of New Preference Shares in a sentence
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.
The Non-cumulative Dollar Preference Shares shall rank for dividend after the Cumulative Preference Shares, pari passu with all other New Preference Shares expressed to rank pari passu therewith as regards participation in profits and otherwise in priority to any other share capital in the Company.
The Non-cumulative Sterling Preference Shares shall rank for dividend after the Cumulative Preference Shares, pari passu with all other New Preference Shares expressed to rank pari passu therewith as regards participation in profits and otherwise in priority to any other share capital in the Company.
New Preference Shares or any further shares in the capital of the Company issued subsequent to 30th August 1989.
New Preference Shares or any further shares in the capital of the Company issued subsequent to the date of adoption of these Articles.
The rights and restrictions attaching to the A Shares, B Shares, C Shares, D Shares, E Shares, F Shares, G Shares, Dollar Preference Shares, and New Preference Shares, and the rights and restrictions attaching to any Deferred Shares or Dollar Deferred Shares in to which Shares may be converted pursuant to Article 10.6 or Article 9.3 are set out in full in these Articles.
New Preference Shares On 12 January 2009 the Extraordinary General Meeting approved the issue of 345,500,000 non-voting, non-listed, non- transferable 10% Preference shares, with nominal value €2.75 each, under Law 3723/2008 "Greek Economy Liquidity Support Program", which will be subscribed to by the Greek Government.
The shares proposed to be acquired by the Company under the Preference Share Buyback Agreement represent all of the Preference Shares held by the Invesco Funds managed by IAML as at the date of this Prospectus (excluding, for the avoidance of doubt, any New Preference Shares arising as a result of the Re-designation).
The Company will ensure that, if issued, New Preference Shares will not be or be deemed to be “short-term preferred shares” within the meaning of the Income Tax Act (Canada).
Further to the announcement released by the Company on 23 April 2020, the Company is proposing to re-designate all of its Convertible Preference Shares into New Ordinary Shares and New Preference Shares at a ratio of 0.6108 New Ordinary Shares and 0.5849 New Preference Shares for every one Convertible Preference Share.2 The effective date of the Re-designation will be 30 September 2020, at which point the entire Convertible Preference Share class will cease to exist.