Participating Shares definition

Participating Shares means shares that entitle their holders to participate without limitation in distributions.
Participating Shares means the Class of participating shares in the capital of the Company of par value US$0.0001, representing the non-voting
Participating Shares means shares that entitle their hold- ers to participate, without limitation, in distributions.

Examples of Participating Shares in a sentence

  • The subscriber shares carry no voting rights while the Redeemable Participating shares carry voting rights and are entitled to all dividend and capital surplus rights.

  • Participating shares (Contd)The participating shares meet the definition of a puttable instrument and the directors have assessed the rights and obligations attached to the participating shares and that these participating shares should be accounted as equity instead of financial liability, in accordance with IAS 32, Financial Instruments: Presentation.

  • The Statement of Financial Position and the Statement of Changes in Net Assets Attributable to Holders of Redeemable Participating Shares deal only with the Redeemable Participating shares and do not include the subscriber shares.

  • Participating shares may be issued and redeemed at prices based upon each class’s underlying net asset value.StructureThe Company offers investors a choice of classes (each such class being referred to as a “Class Fund”) and the opportunity to switch from one Class Fund to another.

  • These notes were converted on 4 April 2017 at a 20% discount to the preferential valuation of V-Nova at the time, of £100 million.On 5 April 2017, the Company announced that it was granted the right to exercise an early conversion of the £500,000 loan note with V Nova Ltd into 7,284,382 Series B1 Participating shares at a 20% discount to a preferential valuation for V-Nova at £100 million.


More Definitions of Participating Shares

Participating Shares means shares that entitle the holders of the shares to participate without limitation in distributions.
Participating Shares means (i) shares of Class A Common Stock and (ii) shares of any other class or series of Common Stock or Preferred Stock to the extent that, in accordance with the terms of this Amended and Restated Certificate (including any certificate of designation adopted pursuant to the terms hereof), such shares are entitled to participate with Class A Common Stock in, as applicable, (x) dividends or distributions paid by the Corporation, or (y) any liquidation, dissolution or winding up of the Corporation. Notwithstanding the foregoing, shares of Class C Common Stock and Class D Common Stock shall not be considered Participating Shares except, solely in the case of a liquidation, dissolution or winding up of the corporation, to the extent provided in Section 4.3(c)(ii).
Participating Shares means the number of a Participant's Shares that are participating in the DRP as at the Record Date calculated in accordance with clause 4;
Participating Shares means Series A Convertible Preference Shares, Series C Convertible Preference Shares and Common Shares.
Participating Shares means shares that entitle their holders to
Participating Shares means the participating shares in the capital of the Company or in respect of a particular Sub-Fund issued subject to and in accordance with the Variable Capital Companies Act and the Constitution and having the rights and subject to the restrictions provided for in the Constitution. For the avoidance of doubt, if the Company has constituted two or more Sub-Funds, the Participating Shares of each Sub-Fund participate only in the assets and liabilities of that particular Sub-Fund as a collective investment scheme segregated from other Sub-Fund or Sub-Funds.
Participating Shares means non-voting, non-redeemable participating shares in the capital of the Company of par value US$0.0001;