Preference Shares definition

Preference Shares means the Preference Shares in the capital of the Company of $0.0001 nominal or par value designated as Preference Shares, and having the rights provided for in these Articles.

Preference Shares means shares which carry the right to payment of a dividend of a fixed amount, or not exceeding a fixed amount, in priority to payment of the dividend on another class or other classes of shares, whether with or without other rights; and

Preference Shares means the Series A Preference Shares and the Series B Preference Shares.

Examples of Preference Shares in a sentence

• There have been no cancellation, repurchase, resale and repayment of debts and equity securities in the current quarter and financial period to-date other than the conversion of 74,800 Redeemable Convertible Preference Shares (“RCPS”) into new ordinary shares at a conversion ratio of 1 RCPS : 1 ordinary share of the Company.

• The 8% Preference Shares were allotted to Government of India by the Board on 28th January, 2008, redeemable @ 20% commencing from 4th year with last redemption in the 8th year.

• The distribution will be in proportion to the number of Preference Shares held by the preference shareholders.

• If a Member elects to participate in such Transfer, such Member shall be entitled to participate in such proposed Transfer on a pro rata basis based upon such Member’s ownership of Voting Shares (in the case of the Series C Preference Shares, on an as-converted basis) relative to the total number of Shares to be Transferred by the Offeror(s), at the same price and on the same terms.

• Consideration Shares: The 223,652,000 Consideration Shares represent (i) approximately 47.69% of the existing issued share capital of the Company as at the date of this announcement; and (ii) approximately 15.37% of the issued share capital of the Company as enlarged by allotment and the issue of the Consideration Shares and assuming that Fit Generation has converted 762,000,000 Convertible Preference Shares into Shares.

More Definitions of Preference Shares

Preference Shares means any and all series of preference shares of the Company, including the Series A Preference Shares.

Preference Shares means the Series A Preference Shares, the Series B Preference Shares and the Series C Preference Shares.

Preference Shares means Preference Shares of the Company.

Preference Shares means shares of Series A Junior Participating Preference Stock, with no par value per share, of the Company having the rights and preferences set forth in the Resolution Designating the Rights, Preferences and Other Terms of the Preference Stock attached to this Agreement as Exhibit A.

Preference Shares means: preference shares in the capital of the Company;

Preference Shares means the Preference Shares of the Company, with an initial par value of $0.01 per share.

Preference Shares. ’ means the £100,000,000 in aggregate value of Fixed Rate Non-Cumulative Preference Shares of the Company;