Pre-emption rights

The rights of a shareholder to have the first refusal on any new shares in the company as they become available.

In some jurisdictions, for example the UK, these rights are enshrined in company law.

In other jurisdictions, pre-emption rights may or may not be recognised in law.

See also

• An introduction to equity capital
• Cash box placing
• Dilution
• Jurisdiction
• Rights issue
• Shareholders
• Shareholders' agreement