Espèces d'actions

09:50 Jul 3, 2020 

I was referring to Daryo's comments.

09:17 Jul 3, 2020 

You surely mean Marco is right? Daryo is only one of several 'supporters'

07:44 Jul 3, 2020 

…I think Daryo is probably right and "share classes" or "classes of shares" is the correct translation. However, I would like to have seen some of the text of the article in question, just to be sure. (FWIW, I can't find any examples of "espèces d'actions" being standard terminology, even in Swiss French.)

I'm removing my answer on that basis.

21:58 Jul 2, 2020 

so using le français de France as some kind of reliable reference is not the best idea.

Just because in Switzerland they say "Espèces d'actions" can not change the fact that the share capital in some companies is divided in "classes" of different rights. (and they are ever only called "classes" - whatever shift in meaning Swiss like to inflict on French words)

21:49 Jul 2, 2020 

Hello

Is your comment aimed at me by any chance?

If so, there is a misunderstanding.

When I said "we don't have "classes d'action in French...", I meant the term does not occur in the French text, NOT that share classes do not exist in France.

21:43 Jul 2, 2020 

the absence of calque is now supposed to be a proof that a term is not the right one???

Shares in company capital could be divided in several "classes" according to the rights associated with each class - NO OTHER term is used by Companies house (if THEY don't know the subject matter, I can't imagine who else would!).

I find it a really bizarre method to claim that it's not the right term in UK company law just because "une classe d'actions" is supposed to be a non-existent term in French.

To make it even more bizarre as method, the term "une classe d'actions" DOES EXIST in French (French French, that is) and means "class of shares".

If it happens that not all shares are "the same", then the action capital is divided in "classes (of shares)" makes no difference if classes are designated by letters (for brevity) or by names as "ordinary, preferential, non-voting, whatever ..) - there is no possible "other context" when a different name would be used for different categories / types / varieties of shares.

https://www.limitedcompanyhelp.com/different-classes-shares/

18:08 Jul 2, 2020 

Well summarised. But who, pray tell, is Bob? 😉

17:32 Jul 2, 2020 

Hello

As its articles of association, we imagine that it is "class shares" (with voting rights) but we have no other proof of this.

I think therefore that Bob is not wrong to suggest "types of shares" (redeemable, preferable etc.) and as he points out, we don't have "classes d'action" in French which is the normal term for "share classes".