✨ Financial Statements Notes
MERCURY ENERGY LIMITED & SUBSIDIARIES
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 1996 continued
11. SHARE CAPITAL
| 1996 Total Activities $'000 | 1995 Total Activities $'000 | |
|---|---|---|
| Authorised Capital | ||
| 102,020,202 Ordinary Class A Shares of $1 each | 102,020 | 102,020 |
| 197,979,798 Ordinary Class B Shares of $1 each | 197,980 | 197,980 |
| 200,000,000 Ordinary Class C Shares of $1 each | 200,000 | 100,000 |
| Total Authorised Capital | 500,000 | 400,000 |
| Issued and Paid Up Capital | ||
|---|---|---|
| Ordinary Class A Shares | ||
| 102,020,202 issued and fully paid shares | 102,020 | 102,020 |
| Ordinary Class B Shares | ||
| 197,979,798 issued and fully paid shares | 197,980 | 197,980 |
| Ordinary Class C Shares | ||
| 6 issued and uncalled shares | - | - |
| Total Issued and Paid Up Capital | 300,000 | 300,000 |
The Ordinary Class A shares and the Ordinary Class B shares can only be held by the Auckland Energy Consumer Trust and may only be dealt with pursuant to the Trust Deed.
The Ordinary Class A shares and the Ordinary Class C shares are voting securities.
The Ordinary Class B shares are non voting securities.
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VUW Te Waharoa —
NZ Gazette 1996, No 158
NZLII —
NZ Gazette 1996, No 158
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Mercury Energy Financial Statements Notes
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