Cash box placing - Revision history

imported>Doug Williamson: Classify page.

2022-06-27T18:05:32Z

Classify page.

← Older revision		Revision as of 18:05, 27 June 2022
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	* [[Pre-emption rights]]		* [[Pre-emption rights]]
	* [[Vendor placing]]		* [[Vendor placing]]

			[[Category:Corporate_finance]]

imported>Doug Williamson: Layout.

2016-05-06T13:59:54Z

Layout.

← Older revision		Revision as of 13:59, 6 May 2016
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	The advantage of a cash box placing is that it allows the issuer to claim exemption from the pre-emption rules which would apply to a direct issue of ordinary shares for cash.		The advantage of a cash box placing is that it allows the issuer to claim exemption from the pre-emption rules which would apply to a direct issue of ordinary shares for cash.


	The mechanism which allows the placing to qualify as an issue for non-cash consideration is the exchange of the new ordinary shares issued, for preference shares in the cash box subsidiary. These preference shares are funded, in turn, by the proceeds to the facilitating investment bank of the placing of the issuer's ordinary shares.		The mechanism which allows the placing to qualify as an issue for non-cash consideration is the exchange of the new ordinary shares issued, for preference shares in the cash box subsidiary. These preference shares are funded, in turn, by the proceeds to the facilitating investment bank of the placing of the issuer's ordinary shares.

	Not to be confused with a Cash placing, which is different.		Not to be confused with a Cash placing, which is different.


	== See also ==		== See also ==

imported>Doug Williamson: Sapcing

2013-08-03T05:07:46Z

Sapcing

← Older revision		Revision as of 05:07, 3 August 2013
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	''Corporate finance.''		''Corporate finance.''

	A type of placing which enables an issuing company to receive cash indirectly - via a 'cash box' subsidiary company.		A type of placing which enables an issuing company to receive cash indirectly - via a 'cash box' subsidiary company.

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	* [[Pre-emption rights]]		* [[Pre-emption rights]]
	* [[Vendor placing]]		* [[Vendor placing]]

imported>Administrator: CSV import

2012-10-23T14:12:37Z

CSV import

New page

''Corporate finance.''
A type of placing which enables an issuing company to receive cash indirectly - via a 'cash box' subsidiary company.

The advantage of a cash box placing is that it allows the issuer to claim exemption from the pre-emption rules which would apply to a direct issue of ordinary shares for cash.

The mechanism which allows the placing to qualify as an issue for non-cash consideration is the exchange of the new ordinary shares issued, for preference shares in the cash box subsidiary. These preference shares are funded, in turn, by the proceeds to the facilitating investment bank of the placing of the issuer's ordinary shares.

Not to be confused with a Cash placing, which is different.

== See also ==
* [[Cash placing]]
* [[Placing]]
* [[Pre-emption rights]]
* [[Vendor placing]]