Pi and Rights issue: Difference between pages

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{{lowercase}}''Credit rating.'' 
A process of issuing new equity shares where they are offered first to existing shareholders in proportion to their existing shareholding.  


'pi' is an abbreviation for Public Information.
Existing shareholders have, under law in the UK, pre-emption rights.


A suffix added to a credit rating as a health warning to indicate that it is based on public information only.
This means that they generally have first refusal on the purchase of any new equity shares.




== See also ==
== See also ==
* [[Credit rating]]
* [[Bonus issue]]
* [[Health warning]]
* [[Dividend irrelevancy theory]]
* [[mmf]]
* [[Headroom]]
* [[Public information rating]]
* [[Initial public offering]]
* [[Nil paid]]
* [[Option premium]]
*[[Placing]]
* [[Pre-emption rights]]
* [[Theoretical ex-rights price]]
* [[Trombone]]


[[Category:Identify_and_assess_risks]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Risk_frameworks]]
[[Category:The_business_context]]
[[Category:Treasury_operations_infrastructure]]
[[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