Following this redemption procedure, the total number of preference shares
will be approximately 2,100,000.
The warrant was issued to the Government of Bermuda in June 2009 pursuant to the Preference Shares
The total number of the Offshore Preference Shares
to be issued is 44,400,000.
In accordance with the terms of the Preference Shares
, the number of Weyerhaeuser common shares issuable on conversion of the Preference Shares
was determined based on the average of the volume weighted average price of Weyerhaeuser common shares over the 20-trading-day period beginning June 1, 2016 and ending on June 28, 2016.
are securities issued by a company that do not carry voting rights like ordinary shares.
ii) the announcement dated 9 December 2009 in relation to the issue of the notice dated 9 December 2009 by the Acquiror to the Preference Share
Holders on the expected Effective Date, expected Settlement Date, expected Preference Share
Offer Price and expected close of the Preference Share
The total number of shares in SAS will amount to 336,000,000 after the issue, of which 329,000,000 are common shares and 7,000,000 are preference shares
8 June 2011 - Swedish real estate company Fastighets AB Balder (STO: BALD B) announced today a decision to expand its preference share
issue for the second time to SEK1bn from SEK850m to meet high demand from investors.
The Preference Shares
are not redeemable prior to December 1, 2017.
10 of the CRPS Offer Letter, in the event that the Acquiror acquires 90% or more of the total number of CRPS (other than those already held by the Acquiror, its related corporations and their respective nominees as at the date of the CRPS Offer Letter) pursuant to the Preference Share
Offer, the Acquiror will be entitled to exercise the right of compulsory acquisition under Section 215(1) of the Companies Act at the Preference Share
On and after the redemption date, the Series A Preference Shares
will no longer be deemed to be outstanding, dividends on the Series A Preference Shares
will cease to accrue, and all rights of the holders of the Series A Preference Shares
will cease, except for the right to receive the redemption price, without interest thereon, upon surrender of the Series A Preference Shares
Aspen expects to use the net proceeds from the sale of its perpetual non-cumulative preference shares
for general corporate purposes, including the repurchase of its outstanding ordinary shares.