Examples of Spanish Companies Law in a sentence
The Consolidated Spanish Companies Law expressly permits the use of the share premium account balance to increase the capital of the entities at which it is recognised and does not establish any specific restrictions as to its use.
B.1 Indicate whether there are any differences between the quorums for General Meetings and the minimums stipulated in the Spanish Companies Law and, if appropriate, explain.
At ordinary and/or extraordinary Shareholders Meetings, resolutions shall be adopted with the majorities required by the Spanish Companies Law (Ley de Sociedades Anónimas).
The Board of Directors is responsible for managing and representing the Company in the terms set out in the Spanish Companies Law.
The Company shall have a corporate website under the terms established in the Spanish Companies Law which shall publish the mandatory reporting documents in accordance with the law, these Bylaws and any other internal rules as well as all the information deemed appropriate to be made available to the shareholders and investors using this media.
For the purposes of the provisions of the foregoing articles, persons related to the directors will be understood to be those provided for in article 231 of the Spanish Companies Law.
The Company shall have a corporate website (www.larespana.com) operating under the terms of the Spanish Companies Law, which shall be registered at the Trade Registry.
There are no claims on IBERDROLA’s share capital other than those provided for in the Spanish Companies Law.
The Company can issue different classes of shares, including those without voting rights under the terms and with the rights envisaged in the Spanish Companies Law and the other applicable regulations.
This authorization to increase the capital, also includes the power to issue and put into circulation, in one or more occasions, the shares that are necessary to perform the conversion provided that it is in accordance with the Spanish Companies Law, the power to redraft the article of the Articles of Association in relation to the share capital amount and as the case may be, to cancel any part of the capital increase that was not necessary to convert the securities into shares.