Examples of Preferential Shares in a sentence
The conversion request must be addressed to the Issuer by the holder of the Preferential Shares by registered post, indicating the number of Preferential Shares for which conversion is requested.
In addition to the Ordinary Shares, the Issuer issued 2 series of Preferential Shares in 2004.
There are no securities ( Previous year No) convertible into Equity/ Preferential Shares.
This means that any amendment to the rights attached to Ordinary Shares and/or to Preferential Shares "P1" and/or to Preferential Shares "P2" require that at least 50 per cent.
Preferential Shares entitle their holders to a fixed dividend which amounts to EUR 6.37 on a gross annual basis to be paid by priority over the dividend relating to Ordinary Shares.
All six (6) Preferential Rights must pertain to Shares of the same class and must therefore have the same coupon number; it is not possible to combine positions in Preferential Rights relating to Ordinary Shares and Preferential Rights relating to Preferential Shares in order to have the requested number of Preferential Rights.
The right to Priority Allocation is represented by a coupon, which is made available in book-entry form for holders of dematerialised Ordinary Shares and Preferential Shares, in bearer form for holders of bearer Ordinary Shares and Preferential Shares and by way of record in the shareholders' register of the Issuer for the holders of registered Ordinary Shares and Preferential Shares.
The 1st series of 702,490 Preferential Shares (denomination on Euronext: COFP1) was issued on 30 April 2004, the 2nd series of 797,276 shares (denomination on Euronext: COFP2) was issued on 26 May 2004.
The characteristics of these series of Preferential Shares are identical, with the exception of the issue price (€107.89 for the COFP1 vs.
It should also be noted that Preferential Shares and Ordinary Shares will be treated equally for the Priority Allocation Right, despite the fact that they have different economic rights.