B share

Quebecor Inc. amends its normal course issuer bid

Retrieved on: 
Wednesday, May 19, 2021
Stock market, Finance, Corporate finance, Equity securities, Money, Corporations, Stock, Issued shares, B share, Share

b"MONTREAL, May 19, 2021 /CNW Telbec/ - Quebecor Inc. received approval from the Toronto Stock Exchange to amend its normal course issuer bid (NCIB) in order to increase the maximum number of ClassB Subordinate Voting Shares (the Class B Shares) that may be repurchased, being 6,000,000 Class B Shares, representing 3.5% of the 173,422,307 Class B Shares issued and outstanding as of July 31, 2020 (the reference date for the NCIB), to 7,500,000 Class B Shares, representing approximately 4.3% of the Class B Shares issued and outstanding on the reference date.

Key Points: 
  • b"MONTREAL, May 19, 2021 /CNW Telbec/ - Quebecor Inc. received approval from the Toronto Stock Exchange to amend its normal course issuer bid (NCIB) in order to increase the maximum number of ClassB Subordinate Voting Shares (the Class B Shares) that may be repurchased, being 6,000,000 Class B Shares, representing 3.5% of the 173,422,307 Class B Shares issued and outstanding as of July 31, 2020 (the reference date for the NCIB), to 7,500,000 Class B Shares, representing approximately 4.3% of the Class B Shares issued and outstanding on the reference date.
  • No other terms of the NCIB have been amended.\nPurchases under the NCIB began on August 15, 2020, will end no later than August 14, 2021, and are made through the facilities of the Toronto Stock Exchange in accordance with its requirements, or other alternative trading systems.
  • Under its current NCIB, as of May 14, 2021, the Corporation has repurchased 5,329,450Class B Shares, at a weighted-average price of $32.4647.\nQuebecor, a Canadian leader in telecommunications, entertainment, news media and culture, is one of the best-performing integrated communications companies in the industry.
  • Every year, it actively supports more than 400 organizations in the vital fields of culture, health, education, the environment, and entrepreneurship.\n"

Glacier and GVIC Announce Definitive Agreement Whereby Glacier Will Acquire All Class B Common Voting Shares and Class C Non-Noting Shares of GVIC Not Already Owned

Retrieved on: 
Monday, January 25, 2021
Equity securities, Financial markets, Financial economics, Stock market, Corporate finance, Mergers and acquisitions, Common stock, Class B share, Non-voting stock, B share, Share class, Preferred stock

Glacier currently owns 37.9% of the Class B common voting shares and 97.7% of the Class C non-voting shares of GVIC, excluding shares held by the wholly-owned limited partnership of GVIC.

Key Points: 
  • Glacier currently owns 37.9% of the Class B common voting shares and 97.7% of the Class C non-voting shares of GVIC, excluding shares held by the wholly-owned limited partnership of GVIC.
  • Under the terms of the Agreement, each Class B common voting share (GVIC B Share) and Class C non-voting share (GVIC C Share and, together with the GVIC B Share, the GVIC Shares) of GVIC will be exchanged for 0.8 of common shares of Glacier (Glacier Shares).
  • The exchange ratio represents a premium to the price of the GVIC Shares prior to the announcement of the Arrangement.
  • Holders (other than Glacier and its subsidiary) of 1,744,056 GVIC B Shares (41.4% of GVIC B Shares outstanding) and of 1,976,553 GVIC C Shares (0.7% of GVIC C Shares outstanding) have entered into support and voting agreements with Glacier and have agreed to vote their GVIC Shares for the Arrangement.

Glacier And GVIC Announce Definitive Agreement Whereby Glacier Will Acquire All Class B Common Voting Shares and Class C Non-Voting Shares of GVIC Not Already Owned

Retrieved on: 
Monday, January 25, 2021
Equity securities, Financial markets, Financial economics, Stock market, Corporate finance, Mergers and acquisitions, Common stock, Class B share, Non-voting stock, B share, Share class, Preferred stock

Glacier currently owns 37.9% of the Class B common voting shares and 97.7% of the Class C non-voting shares of GVIC, excluding shares held by the wholly-owned limited partnership of GVIC.

Key Points: 
  • Glacier currently owns 37.9% of the Class B common voting shares and 97.7% of the Class C non-voting shares of GVIC, excluding shares held by the wholly-owned limited partnership of GVIC.
  • Under the terms of the Agreement, each Class B common voting share (GVIC B Share) and Class C non-voting share (GVIC C Share and, together with the GVIC B Share, the GVIC Shares) of GVIC will be exchanged for 0.8 of common shares of Glacier (Glacier Shares).
  • The exchange ratio represents a premium to the price of the GVIC Shares prior to the announcement of the Arrangement.
  • Holders (other than Glacier and its subsidiary) of 1,744,056 GVIC B Shares (41.4% of GVIC B Shares outstanding) and of 1,976,553 GVIC C Shares (0.7% of GVIC C Shares outstanding) have entered into support and voting agreements with Glacier and have agreed to vote their GVIC Shares for the Arrangement.

TCS Group Holding PLC: Total conversion of Class B shares and reclassification and redesignation of all issued shares as 'ordinary shares'

Retrieved on: 
Thursday, January 7, 2021
Financial markets, Finance, Financial economics, Stock market, Corporate finance, Bankruptcy, Fixed income, Pari passu, Equity securities, B share, Issued shares, Preferred stock

It is anticipated that these Class B shares shall be converted to Class A shares with effect from 7 January 2021.

Key Points: 
  • It is anticipated that these Class B shares shall be converted to Class A shares with effect from 7 January 2021.
  • The converted Class B shares rank pari passu in all respects and for all purposes with each pre existing Class A share.
  • Following the conversion, each share shall carry a single vote, and the total number of votes capable of being exercised shall be equal to the total number of issued shares (currently 199,305,492 shares following the Class B share conversion).
  • As a result of the conversion, Oleg Tinkov's voting rights in the Group shall decrease from 84% to 35%.

Gibraltar & Company, Inc. Announces Acquisition of Class B Shares of LXRandCo, Inc.

Retrieved on: 
Thursday, December 24, 2020
Financial markets, Equity securities, Financial economics, Finance, Stock market, Corporate finance, Options, Warrant, Share, B share

Prior to the completion of the Transaction, GCI owned 2,449,778 Class B Shares, or 7.47% of the then issued and outstanding Class B Shares, Gibraltar Opportunity, Inc. (GOI) owned 1,961,294 Class B Shares and 280,398 Class B share purchase warrants of the Corporation (each, a Old Class B Share Warrant), which are exercisable for one Class B Share at a price of $11.50 until June 9, 2022, or 5.98% of the issued and outstanding Class B Shares, Gibraltar Ventures Fund One Limited Partnership (Ventures) owned 5,802,714 Class B Shares, or 17.70% of the then issued and outstanding Class B Shares, Gibraltar Brands Inc. (GBI) owned 625,000 Class B Shares, or 1.91% of the then issued and outstanding Class B Shares and Mr. Camillo di Prata owned 453,143 Class B Shares or 1.38% of the then issued and outstanding Class B Shares.

Key Points: 
  • Prior to the completion of the Transaction, GCI owned 2,449,778 Class B Shares, or 7.47% of the then issued and outstanding Class B Shares, Gibraltar Opportunity, Inc. (GOI) owned 1,961,294 Class B Shares and 280,398 Class B share purchase warrants of the Corporation (each, a Old Class B Share Warrant), which are exercisable for one Class B Share at a price of $11.50 until June 9, 2022, or 5.98% of the issued and outstanding Class B Shares, Gibraltar Ventures Fund One Limited Partnership (Ventures) owned 5,802,714 Class B Shares, or 17.70% of the then issued and outstanding Class B Shares, Gibraltar Brands Inc. (GBI) owned 625,000 Class B Shares, or 1.91% of the then issued and outstanding Class B Shares and Mr. Camillo di Prata owned 453,143 Class B Shares or 1.38% of the then issued and outstanding Class B Shares.
  • Prior to the completion of the Transaction, GCI and its affiliates (consisting of GOI, GBI and Ventures) together with Mr. Camillo di Prata owned an aggregate of 11,291,929 Class B Shares, or 34.44%% of the then issued and outstanding Class B Shares and 280,398 Old Class B Share Warrants.
  • Following completion of the Transaction, GCI owned 10,449,778 Class B Shares and 2,000,000 New Purchase Warrants, or 11.26% of the issued and outstanding Class B Shares, GOI owned 1,961,294 Class B Shares and 280,398 Old Purchase Warrants, or 2.11% of the issued and outstanding Class B Shares, Ventures owned 5,802,714 Class B Shares, or 6.25% of the issued and outstanding Class B Shares, GBI owned 625,000 Class B Shares, or 0.67% of the issued and outstanding Class B Shares, and Mr. Camillo di Prata owned 7,053,143 Class B Shares and 1,650,000 New Purchase Warrants, or 7.60% of the issued and outstanding Class B Shares.
  • In the aggregate, GCI and its affiliates (consisting of GOI, GBI and Ventures) together with Mr. Camillo di Prata owned 25,891,929 Class B Shares and 3,650,000 New Purchase Warrants which represent 27.91% of the issued and outstanding Class B Shares following the completion of the Transaction.

Shaymar Limited - Early Warning Disclosure With Respect to Orca Energy Group Inc.

Retrieved on: 
Tuesday, December 15, 2020
Software, Analytics, Mitt Romney 2012 presidential campaign, Mobile software, Orca, Orca, Organization for Respect and Care for Animals, B share, Computing

St. Helier, Jersey--(Newsfile Corp. - December 15, 2020) - Shaymar Limited ("Shaymar") announces that if the substantial issuer bid (the "Offer") of Orca Energy Group Inc. ("Orca") described in Orca's press release issued yesterday is completed, then Shaymar will dispose of certain Class B Subordinate Voting Shares of Orca (the "Class B Shares") held by Shaymar.

Key Points: 
  • St. Helier, Jersey--(Newsfile Corp. - December 15, 2020) - Shaymar Limited ("Shaymar") announces that if the substantial issuer bid (the "Offer") of Orca Energy Group Inc. ("Orca") described in Orca's press release issued yesterday is completed, then Shaymar will dispose of certain Class B Subordinate Voting Shares of Orca (the "Class B Shares") held by Shaymar.
  • Shaymar has advised Orca that it intends to tender all of its Class B Shares to the Offer (the "Shaymar Tender").
  • As of the date hereof, Shaymar beneficially owns and controls 4,694,870 Class B Shares (approximately 19.3% of the outstanding number of Class B Shares).
  • For further information, or a copy of the early warning report filed by Shaymar, please contact Shaymar in care of David W. Ross at (403) 260-0296.

Notice of Extraordinary General Meeting in Starbreeze AB (publ)

Retrieved on: 
Tuesday, July 7, 2020
Corporate finance, Financial economics, Finance, Financial markets, Härnösand, Starbreeze Studios, Convertible bond, B share, Stock market

Each Class A share shall carry ten (10) votes and each Class B share shall carry one (1) vote.

Key Points: 
  • Each Class A share shall carry ten (10) votes and each Class B share shall carry one (1) vote.
  • Otherwise, Class A shares and Class B shares carry equal rights to a share in the company's assets and profits.
  • Each Class A share shall carry ten (10) votes and each Class B share shall carry one (1) vote.
  • In accordance with theTerms and conditions for Starbreeze AB (publ) convertible bond 2016:2021:1, item 10.C.

Change in Number of Shares Outstanding in Sectra During December

Retrieved on: 
Monday, December 30, 2019
Corporate finance, Finance, Financial markets, Financial economics, Stock market, Fundamental analysis, Convertible bond, Shares outstanding, Security, B share

LINKPING, Sweden, Dec. 30, 2019 /PRNewswire/ -- During December, the number of shares outstanding in the medical imaging IT and cybersecurity company Sectra AB (STO: SECT B) increased by 153,149 ordinary Class B shares.

Key Points: 
  • LINKPING, Sweden, Dec. 30, 2019 /PRNewswire/ -- During December, the number of shares outstanding in the medical imaging IT and cybersecurity company Sectra AB (STO: SECT B) increased by 153,149 ordinary Class B shares.
  • As of December 30, 2019, the number of shares totals 38,506,020.
  • The change was attributable to a new share issue in connection with the conversion of Sectra's convertible debenture programs 2015/2019 and 2016/2019.
  • The number of shares after the change is distributed as follows:
    2,620,692 ordinary Class A shares.

Change in Number of Shares Outstanding in Sectra During January

Retrieved on: 
Thursday, January 31, 2019
Corporate finance, Fundamental analysis, Shares outstanding, B share, Finance, Economy

LINKPING, Sweden, Jan. 31, 2019 /PRNewswire/ -- During January, the number of shares outstanding in Sectra AB (publ) (STO: SECT B) increased by 233,202 ordinary Class B shares.

Key Points: 
  • LINKPING, Sweden, Jan. 31, 2019 /PRNewswire/ -- During January, the number of shares outstanding in Sectra AB (publ) (STO: SECT B) increased by 233,202 ordinary Class B shares.
  • As of January 31, 2019, the number of shares totals 38,352,871.
  • The number of shares after the change is distributed as follows:
    2,620,692 ordinary Class A shares.
  • 35,732,179 ordinary Class B shares.