Conversion value and Pension Protection Fund Ombudsman: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Standardise appearance of page.)
 
imported>Doug Williamson
m (Spacing 21/8/13)
 
Line 1: Line 1:
''Convertible bonds''.
(PPFO).  


The total current market value of the ordinary shares (or other securities) for which each convertible bond may be exchanged (at the bondholder's option).
An individual appointed under UK pensions legislation to investigate any matters considered by the Board of the Pension Protection Fund (PPF), including complaints of maladministration and matters of law.  




'''Example'''
== See also ==
 
* [[Pension Protection Fund]]
Convertible bonds are in issue, each of which may be exchanged for 40 ordinary shares.
 
The ordinary shares are currently trading in the market at £2 each.
 
The conversion value is given by:
 
= 40 x £2
 
= £80.
 


== See also ==
[[Category:Pensions_Risk]]
* [[Convertible bonds]]

Revision as of 13:48, 21 August 2013

(PPFO).

An individual appointed under UK pensions legislation to investigate any matters considered by the Board of the Pension Protection Fund (PPF), including complaints of maladministration and matters of law.


See also