Confirm and Rights issue: Difference between pages

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imported>Doug Williamson
(Created page with "1. ''Treasury controls.'' To affirm a trade or transaction. The issue and matching of confirmations is one of the key controls in treasury dealing activity. 2. To re...")
 
imported>Doug Williamson
m (Added See also reference back to "Headroom".)
 
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1. ''Treasury controls.''
A process of issuing new equity shares where they are offered first to existing shareholders in proportion to their existing shareholding.  


To affirm a trade or transaction.   
Existing shareholders have, under UK law, pre-emption rightsThis means that they generally have first refusal on the purchase of any new equity shares.


The issue and matching of confirmations is one of the key controls in treasury dealing activity. 
== See also ==
 
* [[Bonus issue]]
 
* [[Headroom]]
2.
* [[Nil paid]]
 
* [[Option premium]]
To repeat a statement consistently, or to take a new action - or make a new statement - that is consistent with earlier actions or statements.
* [[Pre-emption rights]]
 
* [[Trombone]]
 
==See also==
* [[Confirmation]]
* [[Confirmation bias]]
* [[Confirmation of Payee]]
* [[Confirmed letter of credit]]
* [[Confirming bank]]
* [[Confirming house]]
* [[Conform]]
* [[Conforming documents]]
* [[Controls]]
* [[Settlement]]
* [[Trade]]
* [[Transaction]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Revision as of 14:02, 21 November 2012

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 UK law, pre-emption rights. This means that they generally have first refusal on the purchase of any new equity shares.

See also