Examples of B Deferred Shares in a sentence
This will result in 1,420,806,859 New Ordinary Shares and 1,420,806,859 B Deferred Shares being in issue immediately following the Sub-Division.
The deferred shares of 19p each, 0.9p each and 0.09p each respectively the A Deferred shares, B Deferred Shares and C Deferred shares are non-redeemable, non-voting and the holders are not entitled to dividends or to participate in profits.
Share capital 2020$2019$Authorised, called up, allotted and fully paid 1,325,296,032 (2019: 1,104,605,208) ordinary shares of 0.001p18,254,04018,251,117 At Company AGM, held on 6 July 2020, it was resolved by shareholders that the 163,370,833,248 Deferred Shares and 56,515,033,595 B Deferred Shares in issue be cancelled.
No share certificates will be issued in respect of the B Deferred Shares.
The Deferred Ordinary Shares and B Deferred Shares shall not entitle the holders thereof to participate in the profits or assets of the Company (by way of payment of any dividends, on a Winding-up or otherwise).