Rights issue: Difference between revisions
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imported>Doug Williamson (Link with Theoretical ex-rights price) |
imported>Doug Williamson (Amend reference to law in the UK.) |
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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. | 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 | 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. | |||
Revision as of 16:50, 11 March 2015
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.
