Examples of Preference B Shares in a sentence
The Group has complied with these covenants during the 2016 financial year.In May 2015 the group raised $9.4m of further equity through the issuance of Preference B Shares.
The weighted average number of shares for 1998 is calculated as if the subdivision of Ordinary Shares with a nominal value of £1.00 into new Ordinary Shares with a nominal value of £0.01 had taken place on April 1, 1998, in order to provide a consistent comparison.Securities that could potentially dilute basic earnings per share in the future include the Preference A Shares, the Preference B Shares and share options.
DIRECTORS’ REMUNERATION — (continued)Thomas Teichman also has an interest in 427 Preference B Shares held by NewMedia Investors of which he is the chairman and founder.Linda Levinson has an interest in 45,142 Preference B Shares held by Global Retail Partners, L.P., in which she is a partner, and its affiliates.
Under the BNZ facility there is a covenant requirement that the facility comprising an overdraft and letter of credit facility must not exceed the total of 70% of acceptable debtors plus 40% of acceptable stock.The Group has complied with both the CRG and BNZ covenants during the 2017 financial year.In May 2015 the group raised $9.4m of further equity through the issuance of Preference B Shares.
Subject to the provisions of these Articles, the Preference D Shares shall rank senior and prior to the Preference C Shares, the Preference B Shares, the Preference A Shares, the Ordinary Shares and all other classes or series of shares issued by the Company.
Purchaser shall have amended its memorandum and articles of association to create the Preference A Shares and the Preference B Shares and shall have taken all other actions necessary for their issuance to Sellers in accordance with the terms of this Agreement.