Village Roadshow Limited has two classes of permanent issued...

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