Law library · Sierra Leone · I/WE Do solemnly declare that all the requirements of the Companies Act, 2009 (as
Third Schedule, I/WE Do solemnly declare that all the requirements of the Companies Act, 2009 (as
Status not yet checkedI/WE Do solemnly declare that all the requirements of the Companies Act, 2009 (as, Sierra Leone
Regulation 71
FORMULA AT WHICH SECURITIES MAY BE BOUGHT OR SOLD OTHER THAN ON
THE STOCK MARKET
Calculate price per share by dividing the market value per share by the earnings
per share. This is also known as the price-earnings ratio or P/E ratio.
Formula= market value per share/ earning s per share
Present value approach
Below is the formula for calculating a bond’s price, which uses the basic present value (PV)
formula for a given discount rate:[3] (This formula assumes that a coupon payment has just
been made; see below for adjustments on other dates.)
where:
F = face values
iF = contractual interest rate
C = F * iF = coupon payment (periodic interest payment)
N = number of payments
i = market interest rate, or required yield, or observed / appropriate yield to maturity
M = value at maturity, usually equals face value
P = market price of bond.
Stock Valuation: Preferred Stock
Preferred stock is an equity security that is expected to pay a fixed annual dividend for its life
PS0 = Preferred stock’s value
DP = preferred dividend
rp = required rate of return
(y) alteration of memorandum and articles
of association Le 40,000
(z) notices for winding up (voluntary or involuntary) Le 88,000
(aa) Certificate/letter of goo d standing Le 150,000
(bb) Notice for return of allotment Le 100,000
MEMORANDUM OF OBJECTS AND REASONS
Part one deals with interpretation. It defines words and phrases used
throughout the regulations.
Part two deals with regulation of forms, returns and other information. It
prescribes the manner in which documents are to be submitted to the Commission.
Part three deals with mergers, acquisitions, take-over , amalgamations and
business combinations.
Part four deals with prospectus
Made this day of 2015
C. E. O. COKER,
Chairperson Corporate Affairs Commission
FREETOWN
SIEERA LEONE
AUGUST 2015
PRINTED AND PUBLISHED BY THE GOVERNMENT PRINTING DEPARTMENT, SIERRA LEONE.
GAZETTE NO. 58 OF 12TH NOVEMBER, 2015
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