A Preference Shares definition
Examples of A Preference Shares in a sentence
Dividends paid on the Series A Preference Shares in an amount less than the total amount of such dividends at the time accrued and payable on such shares shall be allocated pro rata on a share-by-share basis among all such shares at the time outstanding.
The Optionor hereby grants to the Optionee the irrevocable right to exchange all or part of its Class "A" Preference Shares of Alfa Canada for Common Shares of the Optionor (the "Exchange Option") at the rate of One (1) Class "A" Preference Share of Alfa Canada for Four Thousand (4,000) Common Shares of the Optionor.
This Option shall be open for a period of five (5) years and may be exercised with respect to all or part of the Optionee's Class "A" Preference Shares at any time or times during the said five (5) year term by the Optionee.
Cumulative A Preference Shares of £1 each in the capital of the Company.
Concurrently, the Company has entered into a separate purchase agreement (the "MG Purchase Agreement") for the sale of an aggregate of 45,000 of the Company's Series A Cumulative Preference Shares (the "Series A Preference Shares") and 45,000 Warrants (the MG Warrants") to purchase and aggregate of 4,950,000 shares of Common Stock to ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Private Equity Limited (the "MG Purchaser").