rights issue :

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rights issue


  • n  an offering of common stock to existing shareholders who hold subscription rights or pre-emptive rights that entitle them to buy newly issued shares at a discount from the price at which they will be offered to the public later
News & Articles

  • RomReal : APPROVED RIGHTS ISSUE PROSPECTUS AND SUBSCRIPTION PERIOD COMMENCES
    Reference is made to the stock exchange notice dated 10 June 2013 and the Board of Directors` resolution to carry out a Rights Issue ("the Rights Issue") of up to 98,494,720 new shares ("the ...
    June 17, 2013 - Thomson Reuters ONE via Yahoo! Finance
  • Egyptian property developer plans $85.8 mln rights issue
    CAIRO (Reuters) - Palm Hills, Egypt's second-biggest listed property developer, plans to increase its capital by 600 million Egyptian pounds through a rights issue, the Egyptian Financial Supervisory Authority (EFSA) said on Thursday. A statement posted on the Egyptian bourse website said Palm Hills is seeking to offer 600 million pounds worth of shares to existing shareholders at their nominal ...
    June 14, 2013 - Reuters via Yahoo! News

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