Rights issue: Difference between revisions
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imported>Doug Williamson m (Link with Dividend irrelevancy theory page.) |
imported>Doug Williamson (Link with Theoretical ex-rights price) |
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* [[Option premium]] | * [[Option premium]] | ||
* [[Pre-emption rights]] | * [[Pre-emption rights]] | ||
* [[Theoretical ex-rights price]] | |||
* [[Trombone]] | * [[Trombone]] | ||
[[Category: | [[Category:Corporate_finance]] | ||
Revision as of 10:33, 16 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.
