preferred ordinary shares

preferred ordinary shares

pl n
(Stock Exchange) Brit shares issued by a company that rank between preference shares and ordinary shares in the payment of dividends. Compare preference shares
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that all the issued and unissued Preferred Ordinary Shares of
The total number of Sasol Preferred Ordinary Shares and Sasol BEE Ordinary Shares issued to the Black Public under the Sasol Inzalo Black Public Invitations will together not exceed 3,0% of Sasol's issued share capital
2 Issue price for the Sasol Preferred Ordinary Shares and the Sasol BEE Ordinary Shares
Two new classes of shares, Sasol Preferred Ordinary Shares and Sasol BEE Ordinary Shares, the terms of which are outlined in paragraphs 4 and 5 below, will be created.
73 Weighted average common shares, class B preferred ordinary shares and class B ordinary shares (in thousands), respectively used in computing net earnings per share: Basic and diluted 22,565 1,856 14,921 1,856 Pro forma net earnings (loss) per common share from continuing operations Basic $(5.
Existing shareholders have priority when it comes to applying for the new convertible preferred ordinary shares.
Existing shareholders are first in line to apply for the new preferred ordinary shares but they only take priority over season ticket holders, players and other members of staff.
In order to maximise the quantum of external preference shares issued to third party funders, Sasol will create a new class of unlisted shares, namely preferred ordinary shares with a fixed cumulative dividend right.
Sasol will issue 28,2 million of these preferred ordinary shares, equal to 4,5% of Sasol's total issued share capital, to the Black Public investment entity (3,0%) and the Selected Participant investment entity (1,5%).
76 Weighted-average common shares (in thousands), used in computing the pro forma net income per share: Basic 28,121 22,185 Diluted 28,900 23,374 (a) Pro forma net income per share reflects the conversion of Xyratex Group Limited class A and class B preferred ordinary shares and class C ordinary shares to common shares of Xyratex Ltd on completion of its initial public offering, on June 29, 2004.
07) Weighted average common shares, class B preferred ordinary shares and class B ordinary shares (in thousands), used in computing net earnings per share: Basic 28,020 9,352 18,195 3,730 Diluted 28,581 9,352 18,195 3,730 Pro forma net earnings (loss) per common share from continuing operations (b) Basic $0.
25 Weighted- average class B preferred ordinary shares and class B ordinary shares (in thousands), respectively used in computing net earnings per share: Basic and diluted 11,099 1,856 11,099 1,856 Pro forma basic net earnings per common share from continuing operations $0.

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