Rights issue

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Revision as of 14:58, 15 July 2015 by imported>Doug Williamson (Align with course materials - linked to placing)
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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