Commission Regulation (EC) No 1126/2008Show full title

A6 A cooperative entity has issued shares to its members at different dates and for different amounts in the past as follows: U.K.

(a)

1 January 20X1 100 000 shares at CU10 each (CU1 000 000);

(b)

1 January 20X2 100 000 shares at CU20 each (a further CU2 000 000, so that the total for shares issued is CU3 000 000).

Shares are redeemable on demand at the amount for which they were issued.