Companies Act and Conversion ratio: Difference between pages

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1.  
''Convertible bonds''.


Legislation that relates to company law.
The number of ordinary shares (or other securities) for which each convertible bond may be exchanged, at the bondholder's option.
 
 
2.  ''UK.''
 
The UK Companies Act 2006, the main source of company law for the UK.  


For example, if each convertible bond may be exchanged for 40 ordinary shares, then the conversion ratio is 40.


== See also ==
== See also ==
* [[Company]]
* [[Convertible bonds]]
* [[Company law]]
* [[Legislation]]
* [[Section 172]]
 
[[Category:Compliance_and_audit]]

Revision as of 22:07, 4 August 2013

Convertible bonds.

The number of ordinary shares (or other securities) for which each convertible bond may be exchanged, at the bondholder's option.

For example, if each convertible bond may be exchanged for 40 ordinary shares, then the conversion ratio is 40.

See also