Examples of Preferential Shares in a sentence
The conversion request must be addressed to the Issuer by the holder of the Preferential Shares by registered post, indicating the number of Preferential Shares for which conversion is requested.
In addition to the Ordinary Shares, the Issuer issued 2 series of Preferential Shares in 2004.
This means that any amendment to the rights attached to Ordinary Shares and/or to Preferential Shares "P1" and/or to Preferential Shares "P2" require that at least 50 per cent.
All 13 Priority Allocation Rights must pertain to Shares of the same class and must therefore have the same coupon number; it is not possible to combine positions in Priority Allocation Rights relating to Ordinary Shares and Priority Allocation Rights relating to Preferential Shares in order to have the requested number of Priority Allocation Rights.
Preferential Shares entitle their holders to a fixed dividend which amounts to EUR 6.37 on a gross annual basis to be paid by priority over the dividend relating to Ordinary Shares.
The number of coupons (representing the Priority Allocation right) required to subscribe for one Convertible Bond was determined based on the total number of shares issued by Cofinimmo (total number of outstanding Ordinary Shares and total number of outstanding Preferential Shares) and is the same for holders of Ordinary Shares and holders of Preferential Shares.
All six (6) Preferential Rights must pertain to Shares of the same class and must therefore have the same coupon number; it is not possible to combine positions in Preferential Rights relating to Ordinary Shares and Preferential Rights relating to Preferential Shares in order to have the requested number of Preferential Rights.
The right to Priority Allocation is represented by a coupon, which is made available in book-entry form for holders of dematerialised Ordinary Shares and Preferential Shares, in bearer form for holders of bearer Ordinary Shares and Preferential Shares and by way of record in the shareholders' register of the Issuer for the holders of registered Ordinary Shares and Preferential Shares.
The Priority Allocation Rights relating to Preferential Shares may however be transferred over the counter.
The 1st series of 702,490 Preferential Shares (denomination on Euronext: COFP1, ISIN BE0003811289) was issued on 30 April 2004, the 2nd series of 797,276 shares (denomination on Euronext: COFP2, ISIN BE0003813301) was issued on 26 May 2004.