C Deferred Shares definition

C Deferred Shares means all of the C deferred shares of 0.03827 per share in the Company as at the date of this Deed.
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C Deferred Shares means deferred shares of 0.99p each in the capital of the Company having such rights as are stated as attaching thereto in Article 10B”; andthe addition of a new Article 10B as follows:
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C Deferred Shares has the meaning given to it in paragraph (A) of the Background; "Completion" means completion of this agreement, as provided for in clause 3; "Consideration" has the meaning given to it in clause 2.1;
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Examples of C Deferred Shares in a sentence

  • The C Deferred Shares will not be listed on any stock exchange nor shall any share certificates be issued in respect of such shares.

  • The C Deferred Shares shall be neither renounceable nor transferable.

  • You do not need to do anything in relation to any C Deferred Shares that you hold.

  • The holders of the C Deferred Shares shall not be entitled, in their capacity as holders of such shares, to receive notice of any general meeting of the Company nor to attend, speak or vote at any such meeting.

  • The Company will be authorised to reduce its capital at any time (subject to the confirmation of the Court in accordance with the Act) and without obtaining the consent of the holders of the C Deferred Shares.

  • The Company may from time to time create, allot and issue further shares, whether ranking pari passu with, or in priority to, the C Deferred Shares.

  • If the Company redeems the C Deferred Shares, this will be treated as a disposal of the C Deferred Shares by Shareholders.

  • The C Deferred Shares shall confer no right to participate in the profits of the Company.

  • There will be no stamp duty or SDRT charge if the C Shares are converted into C Deferred Shares.

  • Whenredeemed by the Company, the C Deferred Shares will have negligible value as Shareholders will have already received a cash pay-out in relation to those shares in the form of the C Share Dividend.The Company may redeem all C Deferred Shares then in issue at any time for an aggregate consideration of one penny.


More Definitions of C Deferred Shares

C Deferred Shares means deferred shares of £0.001 each in the capital of the Company arising on Conversion; "Existing Ordinary Shares" means the Ordinary Shares in issue immediately prior to Conversion;
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C Deferred Shares means deferred shares of 0.99p each in the capital of
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Related to C Deferred Shares

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Deferred Stock means a right to receive a specified number of shares of Stock during specified time periods pursuant to Article 8.

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • DSUs means the deferred share units granted under the DSU Plan;

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 3.3.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Stock Units means investment units under the Deferred Delivery Plan, each of which is deemed to be equivalent to one share of Stock.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Dividend Equivalents means a right granted to a Participant under the Plan to receive the equivalent value (in cash or Shares) of dividends paid on Shares.

  • Phantom Stock means a right granted to an Eligible Individual under Section 12 representing a number of hypothetical Shares.

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Restricted Units means that number of restricted units listed in the Award Letter as “Awards Granted.”