Statement of Principles

From ACT Wiki
Revision as of 15:46, 23 June 2024 by Doug (talk | contribs) (Create page - source - FRC - https://www.frc.org.uk/library/external-groups/pre-emption-group/pre-emption-group-overview/)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

Company law - good practice - listed companies - pre-emption rights - UK - Pre-Emption Group.

Pre-emption rights give existing shareholders in a company the right to subscribe for their pro rata share of any new shares in that company issued for cash.

Pre-emption rights provide existing shareholders with protection against dilution of their investments.

In this context, the Statement of Principles published by the UK's Pre-Emption Group seeks to provide clarity on the circumstances in which a degree of flexibility might be appropriate, and the factors to be taken into account.


See also


Other resource