Market Abuse Directive and Rights issue: Difference between pages

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''European Union (EU)''.
A process of issuing new equity shares where they are offered first to existing shareholders in proportion to their existing shareholding.  


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


Directive 2014/57/EU of the European Parliament and of the European Council on criminal sanctions for market abuse.
This means that they generally have first refusal on the purchase of any new equity shares.




==See also==
== See also ==
* [[Confidential information]]
* [[Bonus issue]]
* [[Directive]]
* [[Dividend irrelevancy theory]]
* [[Insider dealing]]
* [[Headroom]]
* [[Market abuse]]
* [[Initial public offering]]
* [[Market Abuse Regulation]]
* [[Nil paid]]
 
* [[Option premium]]
 
*[[Placing]]
 
* [[Pre-emption rights]]
===Other links===
* [[Theoretical ex-rights price]]
 
* [[Trombone]]
[http://www.treasurers.org/node/3244 ACT briefing note: The New Market Abuse and Disclosure Regime in the UK - A Guide for Listed Companies; 2005]
 
[http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32014R0596 MAR]
 
[http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32014L0057 CSMAD]


[[Category:Accounting,_tax_and_regulation]]
[[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 06:53, 23 August 2019

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