Village Roadshow Limited has two classes of permanent issued shares: Ordinary shares and A Class Preference shares. The following table summarises the main features of each type of share.
Ordinary Shares A Class Preference Shares
Dividends As proposed If a dividend is by Directors recommended by directors it will be a minimum of 0.175c per share or 3c above the Ordinary dividend, whichever is higher. Preference share dividends have priority to Ordinary dividends
Conversion to Ordinary Not applicable In the event of a Shares takeover of the company where Directors recommend acceptance and/or Village Roadshow Corporation Limited accepts the offer, Preference shares convert to Ordinary shares at a ratio of one for one
VRL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
