Redeemable Preference Shares definition
Examples of Redeemable Preference Shares in a sentence
Australia General Motors Overseas Corporation 100 % Ordinary Shares: 212,078,511 Ordinary Shares: 212,078,511 General Motors of Canada Limited 100 % Redeemable Preference Shares: 18,724,200 Redeemable Preference Shares: 18,724,200 General Motors Investments Pty.
Additionally, BPZ is authorized to issue 5,000,000 shares of preferred stock, of which 905,000 shares are outstanding as Series A 6% Callable Convertible Redeemable Preference Shares.
Without limiting the foregoing, the proxy from Mellon, as registered holder of the Redeemable Preference Shares constituting Collateral, authorizing the Collateral Agent to redeem such Redeemable Preference Shares at any time after the occurrence of a Substitution Event, Suspension Event, Default or Event of Default shall remain in full force and effect.
At the date of this Offering Circular, the Guarantor’s authorised share capital consisted of €130,100,002 comprised of 433,333,340 Ordinary shares with a par-value of €0.30 each and 10,000,000 Non-cumulative Redeemable Preference Shares of €0.01 each.
Based on the assumption that all Convertible Redeemable Preference Shares are fully converted at the Conversion Price of S$0.031.