PIBS definition

PIBS means the 133/8per cent. Permanent Interest Bearing Shares of the Society and, unless the context otherwise requires, includes any further deferred shares issued pursuant to Condition 9 and forming a single series with the PIBS.
PIBS means permanent interest bearing shares.
PIBS means permanent interest bearing shares of the Society from time to time outstanding including (without limitation, and for so long as any of the same shall remain outstanding) the

Examples of PIBS in a sentence

  • In addition, certain investing members will be entitled to extra free shares the number of which will be calculated by reference to the lower total balance maintained in their share accounts and/or PIBS on two reference dates.


More Definitions of PIBS

PIBS means the 5.769 per cent. Permanent Interest Bearing Shares of the Society and, unless the context otherwise requires, shall include any further permanent interest bearing shares issued pursuant to Condition 11 and forming a single series with the PIBS.
PIBS means the €125,000,000 Floating Rate Permanent Interest Bearing Deferred Shares of EBS of €1,000 each issued on or about 4 July 2007 and, unless the context otherwise requires, includes any further permanent interest bearing securities issued by EBS and forming a single series with the PIBS and any Replacement Assets which are held by EBS Capital thereafter;
PIBS means the 125/8 per cent. Permanent Interest Bearing Shares of the Society and, unless the context otherwise requires, includes any further deferred Shares issued pursuant to Condition 10 below and forming a single series with the PIBS.
PIBS. ’ means »350,000,000 6.024 per cent. Permanent Interest Bearing Shares of the Society and, unless the context otherwise requires, includes any further permanent interest bearing shares issued pursuant to Condition 11 and forming a single series with the PIBS.
PIBS means the £40,000,000 121/8 per cent. Permanent Interest Bearing Shares (ISIN GB0002290764) of the Society.
PIBS means the permanent income bearing shares and other like instruments offered by mutual building societies in the United Kingdom.
PIBS means a Share which by its terms of issue is a deferred share as defined in the Statutes and is to be classified as a permanent interest bearing Share for the purposes of these Rules: