Series 2 Class A Preferred Shares means the cumulative redeemable floating rate Class A Preferred Shares, series 2 of Pembina, issuable on conversion of the Series 1 Class A Preferred Shares. See "Description of the Capital Structure of Pembina – Class A Preferred Shares";
Series 2 Class A Preferred Shares means the Series 2 Class A Preferred Shares in the capital of the Corporation.
Examples of Series 2 Class A Preferred Shares in a sentence
On July 22, 2013, Pembina filed articles of amendment under the ABCA to create the Series 1 and Series 2 Class A Preferred Shares.
As at December 31, 2020, there were nil Class A Preferred Shares [2019 – 1,620,743 Series 4 Class A Preferred Shares, 2,126,911 Series 3 Class A Preferred Shares, 1,473,406 Series 2 Class A Preferred Shares and 2,402,608Series 1 Class A Preferred Shares] as all issued and outstanding Class A Preferred Shares were converted into Common Shares on a one-for one basis upon completion of the IPO.
This debenture and all interest expense incurred thereon was subsequently converted into 1,473,406 Series 2 Class A Preferred Shares.