Rights issue

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Revision as of 10:33, 16 March 2014 by imported>Doug Williamson (Link with Theoretical ex-rights price)
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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 UK law, pre-emption rights. This means that they generally have first refusal on the purchase of any new equity shares.


See also