Minerva Equity Limited - 31 March 2019 Final 19.08.2019 - Flipbook - Page 61
Minerva Equity Limited (formerly DMWSL 881 Limited)
Notes to the financial statements
for the period ended 31 March 2019 (continued)
23 Called up share capital
At
31 March
2019
Group and Company
£m
Allotted and fully paid share capital can be split as follows:
A Ordinary Shares – 904,247 shares of £0.01 each
-
B Ordinary Shares – 108,911 shares of £0.01 each
-
C1 Ordinary Shares – 32,156 shares of £0.50 each
-
C2 Ordinary Shares – 86,188 shares of £0.001 each
-
E Ordinary Shares – 118,344 shares of £0.10 each
-
Preference Shares – 21,119,938 shares of £0.00001 each
-
Total
-
The share capital consists of five classes of share which are ordinary and preference shares. The
classes of share have varying voting and dividend rights. A shares and C1 shares carry voting rights,
B shares, C1 shares, C2 shares, E shares and preference shares have no voting rights. All ordinary
shares excluding E shares confer dividend rights. All ordinary shares excluding E shares carry equal
rights to capital.
Preference shares confer upon the holder the right to receive cumulative preferential cash dividend
equal to 11 per cent per annum of the subscription price. To the extent that the dividend is not paid,
the amount of unpaid preference dividend shall compound on the anniversary date
The issue dates of the shares and associated cash consideration are as follows:
30 July 2018
20 December 2018
27 February 2019
26 March 2019
Total
A
B
C1
C2
E
Preference
Total
£m
£m
£m
£m
£m
£m
£m
0.7
0.1
0.1
0.1
-
19.6
20.6
-
-
-
-
-
0.2
0.2
0.2
-
-
-
-
-
0.2
-
-
-
-
-
1.3
1.3
0.9
0.1
0.1
0.1
-
21.1
22.3
59