The Bank believes that the issuance of the Preference Shares
will strengthen its capital base, improve its capital structure, to meet the increased capital requirements imposed by the banking regulatory authorities and meet the needs of the sustainable development of the Bank, and thus has great significance in promoting healthy and sustainable development of the Bank.
--$400 million 7.0% fixed-to-floating rate preference shares
, series D 'BB+';
Keywords: equity instrument, ordinary shares, common stock, dividends, preference shares
, cumulative preference shares
, treasury shares, par value, outstanding capital, authorized capital, puttable instrument
Halifax 6.125 per cent preference shares
were converted to HBOS 6.475 per cent preference shares
on June 24, 2005.
The Series J Preference Shares
will commence trading on the Toronto Stock Exchange on April 30, 2004 under the symbol BPO.PR.J.
A: He owns 14,599,800 ordinary shares, but no preference shares
. That means he has about 51 per cent of the voting shares, and overall control of the club.
Northam has reached agreement with Coronation Asset Management Proprietary Limited, acting as an investment manager on behalf of its clients ('Coronation'), pursuant to which Northam will acquire 341 455 Zambezi preference shares
from Coronation on Tuesday, 6 August 2019, at a price of R70.69 per Zambezi preference share
, representing the face value of such shares, for a total cash consideration of approximately R24.1 million ('further transaction').
The company is offering the preference shares
at a subscription price of USD1.00 per share, with a minimum offering of USD500,000 and a maximum offering of USD750,000.
The only guidance given on the preference share
rights is written on the back of the certificates.
The Corporation has designated the common share dividend and preference share
dividends as eligible dividends for federal and provincial dividend tax credit purposes.
Reportedly, the board of directors of Victoria Park has resolved to propose an Extraordinary General Meeting to resolve on a redemption of all 1,032,047 preference shares
, in accordance with section 5.4 of the Articles of Association, for a redemption price of SEK300 per preference share