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Get the free PRISA CLASS B SHARE CONVERSION NOTICE

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Este aviso notifica a los corredores e inversores sobre el proceso de conversión de acciones ordinarias de clase A de PRISA a partir de las acciones representativas de acciones de depósito. Los
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How to fill out PRISA CLASS B SHARE CONVERSION NOTICE

01
Read the instructions provided with the PRISA Class B Share Conversion Notice carefully.
02
Fill in your personal details, including your name and contact information.
03
Provide the account number associated with your Class B shares.
04
Indicate the number of Class B shares you wish to convert.
05
Review the eligibility criteria to ensure that you qualify for conversion.
06
Sign and date the notice in the designated space.
07
Submit the completed notice to the designated address or email provided in the instructions.

Who needs PRISA CLASS B SHARE CONVERSION NOTICE?

01
Current holders of PRISA Class B shares who wish to convert them to Class A shares.
02
Investors looking to take advantage of the benefits associated with Class A shares.
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Investors purchasing Class B shares may instead pay a fee when selling their shares, but the fee may be waived when holding the shares five years or longer. In addition, Class B shares may convert to Class A shares if held long term.
Why Companies Create Class B Shares. Companies choose to create Class B shares and dual-class structures to allow founders, and other corporate insiders to gain almost complete voting control over the company.
Class A shares typically grant greater voting rights than other classes. This difference is often only pertinent to shareholders who want to take an active role in the company. Nevertheless, because of those voting rights, A-shares are often higher valued than B-shares.
Each Class B ordinary share is convertible into one Class A ordinary share at any time by the holder thereof.
Class A shares hold twice the voting power relative to Class B shares on all shareholder resolutions. Class A and Class B shares rank equally to one another in terms of entitlement to dividends. Class A shares rank after Class B shares in terms of the shareholder right to a return of capital upon a wind-up.
What Is A Conversion of Shares? A conversion of shares refers to the process of converting shares from one class to another.

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The PRISA CLASS B SHARE CONVERSION NOTICE is a formal document that informs shareholders about the process to convert their Class B shares of PRISA into another class of shares, typically Class A shares.
Shareholders who hold Class B shares and wish to convert them into Class A shares are required to file the PRISA CLASS B SHARE CONVERSION NOTICE.
To fill out the PRISA CLASS B SHARE CONVERSION NOTICE, shareholders need to provide their contact information, the number of Class B shares they are converting, and any other required details specified in the notice form.
The purpose of the PRISA CLASS B SHARE CONVERSION NOTICE is to facilitate the conversion process of Class B shares into Class A shares, ensuring compliance with corporate regulations and shareholder rights.
The information that must be reported on the PRISA CLASS B SHARE CONVERSION NOTICE includes the shareholder's name, address, number of Class B shares being converted, and any relevant shareholder identification numbers or account details.
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