CFI code group : Preferred/Preference shares [EP]
CFI code group specification as per ISO 10962:2021
Payment of dividends to holders normally takes preference over the payment of dividends to other classes of shares. In the event of liquidation, preferred/preference shares normally rank above ordinary shares but behind creditors of the company.
CFI code group attributes
1st attribute of group EP : Voting right
Indicates the kind of voting power conferred to the shareholder. Possible values are:
V
Voting ⓘ
N
Non-voting ⓘ
R
Restricted voting ⓘ
E
Enhanced voting ⓘ
2nd attribute of group EP : Redemption
Indicates the retirement provisions made for the shares. Possible values are:
R
Redeemable ⓘ
E
Extendible ⓘ
T
Redeemable/Extendible ⓘ
G
Exchangeable ⓘ
A
Redeemable/Exchangeable/Extendible ⓘ
C
Redeemable/Exchangeable ⓘ
N
Perpetual ⓘ
3rd attribute of group EP : Income
Indicates the kind of dividend income the shareholders are entitled to. Possible values are:
F
Fixed rate income ⓘ
C
Cumulative, Fixed Rate Income ⓘ
P
Participating Income ⓘ
Q
Cumulative, Participating Income ⓘ
A
Adjustable/Variable Rate Income ⓘ
N
Normal Rate Income ⓘ
U
Auction Rate Income ⓘ
4th attribute of group EP : Form
Negotiability, transmission. Possible values are:
B
Bearer ⓘ
R
Registered ⓘ
N
Bearer/registered ⓘ
M
Others (miscellaneous)