Multibanked and Rights issue: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
(Add example.)
 
imported>Doug Williamson
(Layout.)
 
Line 1: Line 1:
Supported by multiple different banks.
A process of issuing new equity shares where they are offered first to existing shareholders in proportion to their existing shareholding.  




:"The cash management marketplace is morphing: global banks are 'deglobalising' and corporates will increasingly be multibanked."
Existing shareholders have, under law in the UK, pre-emption rights.


:''The Treasurer, February 2017''
This means that they generally have first refusal on the purchase of any new equity shares.




== See also ==
== See also ==
*[[Bank]]
* [[An introduction to debt securities]]
*[[Cash management]]
* [[Bonus issue]]
*[[Deglobalisation]]
* [[Dividend irrelevancy theory]]
*[[Global bank]]
* [[Headroom]]
* [[Initial public offering]]
* [[Nil paid]]
* [[Open offer]]
* [[Option premium]]
*[[Placing]]
* [[Pre-emption rights]]
* [[Theoretical ex-rights price]]
* [[Trombone]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Financial_products_and_markets]]

Revision as of 08:24, 1 June 2023

A process of issuing new equity shares where they are offered first to existing shareholders in proportion to their existing shareholding.


Existing shareholders have, under law in the UK, pre-emption rights.

This means that they generally have first refusal on the purchase of any new equity shares.


See also