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preference shares

British  

plural noun

  1. US and Canadian name: preferred stock.  shares representing part of the capital issued by a company and entitling their holders to priority with respect to both net profit and net assets. Preference shares usually carry a definite rate of dividend that is generally lower than that declared on ordinary shares Compare ordinary shares preferred ordinary shares

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

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However, the company went on to source equity from elsewhere and when US equity firm TSG Consumer Partners acquired a 22% stake in Brewdog, they were given "preference shares".

From BBC May 23, 2026

US equity firm TSG Consumer Partners acquired a 22% stake in Brewdog in 2017, and was given "preference shares" over Equity for Punks shareholders.

From BBC Mar. 4, 2026

It was given "preference shares", which meant it would get its money back first in the event of a sale.

From BBC Mar. 4, 2026

Once a complicated series of transactions is completed, Eneos will own 50.1% of Nippo and Goldman the rest, with Goldman's stake potentially later rising to 75% through preference shares and options.

From Reuters Nov. 11, 2021

The dividend on preference shares is either “cumulative” or contingent on the profits of each separate year or half year.

From Encyclopaedia Britannica, 11th Edition, Volume 8, Slice 5 "Dinard" to "Dodsworth" by Various

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