Z-Share

A Z-share is a type of share that is not entitled to any dividends or voting rights. They are often used by companies to raise capital without diluting the ownership of existing shareholders.

Z-shares are typically issued at a discount to the price of ordinary shares, and they can be converted into ordinary shares at a later date. This can be an attractive option for companies that want to raise capital quickly and easily, as they do not have to go through the process of issuing new ordinary shares.

However, Z-shares can also be seen as a negative by some investors, as they do not offer any voting rights or dividends. This means that Z-shareholders have no say in how the company is run, and they do not receive any of the benefits of owning ordinary shares.

As a result, Z-shares are often considered to be a riskier investment than ordinary shares. However, they can also be a more attractive investment for companies that are looking to raise capital quickly and easily.

Here are some of the key features of Z-shares:

* They are not entitled to any dividends or voting rights.
* They are typically issued at a discount to the price of ordinary shares.
* They can be converted into ordinary shares at a later date.
* They can be seen as a negative by some investors, as they do not offer any voting rights or dividends.
* They can be a more attractive investment for companies that are looking to raise capital quickly and easily.