1. Public limited companies may issue bonds convertible into shares representing their share capital or held by them.
1 - As sociedades anónimas podem emitir obrigações convertíveis em acções representativas do seu capital ou por si detidas.
2. The shares resulting from conversion may be ordinary or preference shares, with or without voting rights.
2 - As ações que resultem da conversão podem ser ordinárias ou preferenciais, com ou sem direito de voto.
3. Bonds may also be converted into other securities issued or held by the company, including stand-alone warrants, provided that the company may issue such instruments under the law.
3 - As obrigações podem também ser convertidas em diferentes valores mobiliários emitidos ou detidos pela sociedade, incluindo em warrants autónomos, desde que a sociedade possa emitir estes instrumentos nos termos da lei.
The two conversion bases (shares representing the issuer's capital or held by it), the ordinary/preference and voting/non-voting options, and the condition that the company be legally able to issue the other securities are retained.
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Unofficial English translation prepared by BCA Portugal for reference. Only the Portuguese text published in the Diário da República has legal force. Editorial notes are ours and are not part of the statute.