Where any share or series of shares has rights attached to it other than those attached to other shares issued by the same company, each such series shall constitute a class of shares in relation to the other series of shares.
These rights may be political, economic or other.
For example, it is possible to provide that some shareholders have greater voting rights than others or that some shares are entitled to a greater share of the profits than others.
For more information on the consequences of creating share classes, see our dedicated article.