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May 2014

What are Preference Shares?

John Barnes Non Exec Director explains WHAT ARE PREFERENCE SHARES?¬† Preference shares are so called because they have ‘preference’ over ordinary shares for payment of dividends¬†and return of capital. However, they are junior to all forms of company debt, including debentures, loan notes and bank debt if the company is wound up. Key features Preference shares can be thought of as a hybrid between an ordinary share and a corporate bond. Their key features are:- Preference shareholders receive a fixed dividend, usually twice a year, similar to the interest (‘coupon’) paid on a bond; Dividends on preference shares are paid …Read More

Lessons from Geese

Lessons from Geese from a Non Exec Director I found this article in local church magazine many years ago and kept it safe to share with others Read these facts and think how businesses leaders can learn some brilliant lessons from geese. I just love fact 4. Fact 1: As each goose flaps its wings; it creates u plift for the birds that follow. By flying in a V-formation, the whole flock adds 72% greater flying range than if each bird flew alone. Lesson People who share a common direction and sense of community can get where they are going …Read More