RE: C shares are now Deffered shares17 Nov 2021 17:02
Deferred shares
Deferred shares carry fewer rights than ordinary shares and can include:
shares in which dividends are only paid after all other classes of shares have been paid
shares in which dividends are only paid after a certain date or event
shares that are not tradable until a certain date - such shares are usually issued to employees in order to give them a long term interest in the company and to increase their loyalty
shares which, in the event of insolvency, do not give their holders any rights until all other shareholders are paid