principal class of shares definition

principal class of shares means the class or classes of shares representing a majority of the voting power and value of the company;
principal class of shares means the class or classes of shares representing a majority of the voting power and value of the company; “publicly traded company” means any company whose principal class of shares is listed on a recognised stock exchange provided its listed shares can be readily purchased or sold by the public. Shares can be purchased or sold “by the public” if the purchase or sale of shares is not implicitly or explicitly restricted to a limited group of investors;
principal class of shares means the ordinary or common shares of the company, provided that such class of shares represents the majority of the voting power and value of the company. If no single class of ordinary or common shares represents the majority of the aggregate voting power and value of the company, the “principal class of shares” are those classes that in the aggregate represent a majority of the aggregate voting power and value of the company

More Definitions of principal class of shares

principal class of shares means the class or classes of shares of a company which represent a majority of the capital or of the voting power of the company;
principal class of shares means the ordinary shares of the company, provided that such class of shares represents the majority of the voting power and value of the company. If no single class of ordinary shares represents the majority of the voting power and value of the company, the principal class of shares is that class or those classes that in the aggregate represent a majority of the voting power and value of the company. For the purposes of the preceding sentences, in the case of a company participating in a dual listed company arrangement, the principal class of shares will be determined after excluding the special voting shares which were issued as a means of establishing that dual listed company arrangement;
principal class of shares means the class or classes of shares representing a majority of the voting power and value of the company. The termrecognised stock exchange” means any stock exchange agreed upon by the competent authorities of the Contracting Parties;
principal class of shares means, the class or classes of shares representing a majority of the voting power and value of the company;
principal class of shares means the class
principal class of shares means the class or classes of shares representing a majority of the voting power and value of the company; e - the termcollective investment fund or scheme” means any pooled investment vehicle, irrespective of its legal form; f - the term “notincation” means the delivery of documents to residents of either Contracting State according to the rules that govern the delivery of documents in that State.
principal class of shares means the class or classes of