Rights issue: Difference between revisions
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imported>Doug Williamson m (Added See also reference back to "Headroom".) |
imported>Doug Williamson m (Category added 9/10/13 and spacing) |
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Existing shareholders have, under UK law, pre-emption rights. This means that they generally have first refusal on the purchase of any new equity shares. | Existing shareholders have, under UK law, pre-emption rights. This means that they generally have first refusal on the purchase of any new equity shares. | ||
== See also == | == See also == | ||
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* [[Pre-emption rights]] | * [[Pre-emption rights]] | ||
* [[Trombone]] | * [[Trombone]] | ||
[[Category:Equity]] |
Revision as of 09:24, 9 October 2013
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 law, pre-emption rights. This means that they generally have first refusal on the purchase of any new equity shares.