founders' shares

Related to founders' shares: Classified Shares

founders' shares

pl n
(Economics) shares awarded to the founders of a company and often granting special privileges
References in periodicals archive ?
MCDC had offered 35 per cent of the founders' shares in its IPO at a price of 116bz per share.
Previously, the two founders' shares were all lodged in Citicore Holdings Investment Inc.
The rights and protections normally given venture capitalists buying preferred shares include the liquidation preference, dividend preference, voting rights, right of first refusal, co-sale rights and vesting on founders' shares. The following is a brief description of such rights which should be carefully negotiated and even more carefully drafted into a contract:
Al Maha Ceramics S.A.O.G sold 35% of the founders' shares through IPO during the period from 15th of September till 16th of October 2014.
Emaar Malls Group plans to sell two billion of its founders' shares, or about 15 per cent of its equity.
It was explained how many founders' shares he would have.
The founders' shares, representing 60% of the authorised share capital, are blocked from trading for 2 years.
The founders' shares, representing 60 per cent of the authorised share capital, are blocked from trading for two years.
Pentland, which first became a shareholder in John David when it acquired an 11 per cent stake from Mr Wardle in August, stressed it had bought the founders' shares as an investment and had no plans to take the company private.
Under its deal with Genentex, the university, Sun and her team collectively hold 2 percent of the founders' shares of Genentex and will receive royalties from the further licensing of any technologies that Sun's team develops.
In June 1993, the company listed 940,000 more shares of the founders' shares. Late July, 1997, another stock split on 12.88 million shares reducing the nominal value from Rp 1,000 to Rp 500.