VRL 1.58% $3.12 village roadshow limited

re: vrlpa - what their worth!!!

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    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




 
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