Rights issue: related pages
Corporate actions
A company does that has an impact shareholder's holdings.
Cum-rights
Shares are said to be trading cum-rights as long as buyers will be entitled to a forthcoming rights issue.
New issue
The sale of new securities by an issuer to investors.
Open offer
Entitles shareholders to buy shares in proportion to existing entitlements, but this right is not transferable.
Placing/placement
The issue of new shares which are sold directly to new shareholders.
Pre-emption rights
The rights of shareholders to be offered new issues of share before they are offered to non-shareholders.
Price sensitive
Information which is likely to have an effect on the price of a security when disclosed.
Equity cure
The injection of equity finance to cover a shortfall that would otherwise breach a debt covenant.
Copyright Graeme Pietersz © 2005-2019