Sentence examples for a preferential share from inspiring English sources

But he said DMGT would receive a preferential share of the paper's profits "when it starts making money".

Merger experts said they believed the deal was a preferential share allotment, meaning a company issues new shares to only a select group of investors in exchange for payments into the company.

"If it is done through a preferential share allotment, then there is no taxation exposure on the deal for Naresh Goyal, Jet Airways or Etihad," said Amarjeet Singh, a partner in tax at KPMG in India, which was not involved in the deal.

Moreover, if the buyer fails to muster 20% of the shares through the open offer, Satyam Computer Services will be allowed to make a further preferential share allotment.

Instead, customers who wish to take advantage of the preferential share offer and buy stocks at a 5% discount to the offer price must return their forms to the Bristol offices of Computershare.

Standard Life has reported "strong interest" in its flotation, but has not yet commented on how many applications it has received for the preferential share offer.

The move could help pave the way for an approval by General Motors, which still has preferential shares in Saab and rejected an earlier rescue plan.

According to the terms of the recapitalization, the Irish government will receive preferential shares paying 8percentt interest and a warrant to take a 25percentt stake in the banks in five years, at today's low prices.

Instead, governments have often sought to use capital injections using preferential shares, which still leaves private shareholder equity and operational control with a board.

The private equity firm owns preferential shares in Kent that convert to common equity in the event of a flotation.

Another lender, Allied Irish Banks, must sell assets in Britain, Poland and the United States, he said, adding that the government could subsequently convert its existing preferential shares.