Examples of Preference Share Terms in a sentence
The Preference Share Terms and Conditions will provide that, unless otherwise redeemed or cancelled, the Preference Shares will be redeemable on their final redemption date at a defined amount as determined in accordance with the Preference Share Terms and Conditions.
A copy of the Company's constitutional documents and the applicable terms and conditions of the class of Preference Shares (the "Preference Share Terms and Conditions") are available to investors in the N&C Securities on written request (free of charge) from the registered office of the Company at 2 Triton Square, Regent’s Place, London NW1 3AN and from the Authorised Officer of the N&C Securities on proof of identity as a N&C Securityholder.
However, for ease of explanation, the following overviews and worked examples do not set out the Preference Share Terms and Conditions and instead set out only the amounts payable in respect of the Notes.
The calculation of the amount payable on redemption of each Note depends on the method specified for determining the Final Redemption Amount in the relevant Preference Share Terms and Conditions annexed to the relevant Final Terms.
The value of the relevant Preference Shares may fluctuate up or down depending on (i) the performance of the relevant Preference Share Underlying(s) as set out in the terms and conditions of the Preference Shares (the "Preference Share Terms and Conditions") and (ii) the financial condition and standing of the Preference Share Issuer.