Promisee and Scrip issue: Difference between pages

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A person or organisation to whom a promise is made.
An issue of bonus shares in proportion to existing shares held.


A 'one-for-one' scrip issue would mean that one new share was issued for each share held.  This would effectively halve the share price; each shareholder would still have the same share value.


== See also ==
== See also ==
* [[Promise]]
* [[Share split]]
* [[Promisor]]
 

Revision as of 14:20, 23 October 2012

An issue of bonus shares in proportion to existing shares held.

A 'one-for-one' scrip issue would mean that one new share was issued for each share held. This would effectively halve the share price; each shareholder would still have the same share value.

See also