Conversion price: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Administrator (CSV import) |
(No difference)
|
Revision as of 14:19, 23 October 2012
The specified price at which the principal or nominal value of convertible securities may be converted into the underlying shares. For example, say the nominal value of the convertible bonds is £100, and each convertible bond may be converted into 40 ordinary shares. The conversion price = £100/40 = £2.50.
See also
