Rights issue: Difference between revisions
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imported>Doug Williamson m (Category added 9/10/13 and spacing) |
imported>Doug Williamson m (Link with Dividend irrelevancy theory page.) |
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== See also == | == See also == | ||
* [[Bonus issue]] | * [[Bonus issue]] | ||
* [[Dividend irrelevancy theory]] | |||
* [[Headroom]] | * [[Headroom]] | ||
* [[Nil paid]] | * [[Nil paid]] |
Revision as of 21:45, 15 March 2014
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.