PEM CORPORATION LIMITED (UK company #16525123) operates as a holding company. Its activities involve Sign up to read more
No filings found for this company.
| Shareholder | Share class | Shares | Holding |
|---|---|---|---|
| KATHRYN QUINN | ORDINARY | 107 | 49.8% |
| 8888888888888888888888 | 8888888888 | 8888888 | 88888 |
| 88888888888888888888888888 | 8888888888 | 8888888 | 88888 |
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A share class is a category of shares carrying its own rights over voting, dividends and what happens to the money if the company is sold or wound up. UK companies typically issue Ordinary shares to founders and employees, then create a new Preferred class at each funding round, giving investors priority on proceeds ahead of the Ordinary holders. PEM CORPORATION LIMITED has 2 distinct classes on file at Companies House; the rights attached to each are reproduced below as filed.
EACH SHARE HAS NO VOTING RIGHTS. DIRECTORS HAVE THE DISCRETION TO PAY DIVIDENDS ON THIS SHARE CLASS ALONE. THIS SHARE CLASS DOES NOT PARTICIPATE IN THE RETURN OF CAPITAL ON WINDING UP.
FULL RIGHTS REGARDING VOTING, PAYMENT OF DIVIDENDS AND DISTRIBUTIONS