B-Ordinary Shares are a different class of Ordinary Share and are subject to the Articles of Association of the company concerned. They often pay higher dividends than Preference Shares. Holders of B-Ordinary Shares have fewer or no voting rights than Ordinary shareholders and may not have a right to any repayment of capital should the company be dissolved.
B-Ordinary Shares are suitable for investors looking for a long-term investment. They are also suitable for investors who are willing to take higher risk to achieve a higher return.
To buy or sell B-Ordinary Shares, individuals will need to open a brokerage account with
a JSE Equity member.