Rights issue: Difference between revisions
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imported>Doug Williamson (Align with course materials - linked to placing) |
imported>Doug Williamson (Aligned with course materials - added link to Initial public offering) |
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* [[Dividend irrelevancy theory]] | * [[Dividend irrelevancy theory]] | ||
* [[Headroom]] | * [[Headroom]] | ||
* [[Initial public offering]] | |||
* [[Nil paid]] | * [[Nil paid]] | ||
* [[Option premium]] | * [[Option premium]] | ||
Revision as of 15:01, 15 July 2015
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 law in the UK, pre-emption rights.
This means that they generally have first refusal on the purchase of any new equity shares.
