rights issue

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rights issue

an issuing of extra shares. A company may raise additional capital from its members as opposed to from the public at large by issuing extra shares; this is called a rights issue. See PRE-EMPTION.

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NEARLY 30% of mortgage lender Bradford & Bingley will end up in the hands of other banks following its pounds 400m rights issue.

Rights issue to alter bank balance; in association with RBS

The net proceeds of the rights issue, which has been underwritten in full by funds managed by WL Ross, a major shareholder in Wagon, were to be used in part to provide capital expenditure funding to support the company's recent contract successes and to partly prepay existing debt facilities.

Wagon offer fails to turn heads; AUTOMOTIVE

HBOS are particularly vulnerable to share-price falls due to their rights issue.

Bank shares fall below offer price

But a group of smaller shareholders, fronted by Daniel Pepper, said the rights issue would result in a dilution of shares for those who did not wish to participate.

Small shareholders hit out at Wagon's 50m [pounds sterling] rights issue

The strongest chapters of the book explore how some blacks tried to make interracial intimacy into a civil rights issue, and the limitations of this form of politics.

Romance and Rights: The Politics of Interracial Intimacy, 1945-1954

It's time for gender's reemergence as a gay rights issue. I know it's here to stay as a cinematic issue and as a political issue.

Gender on celluloid

The share price should theoretically fall to a level that reflects the weighted average of the old shares at their market price prior to issue, and the new shares at the rights issue price.

Rights or scrip issue, which? It is important for private investors to seek expert advice before committing themselves to any rights issue. (NA Market)

The company said that the purpose of this rights issue is to repay part of the financing of the acquisition of Aleris Care's operations in Sweden, Norway and Denmark (Aleris Care) and thus lower Ambea's leverage in line with the company's long-term financial goals and is carried out with the support of the company's larger shareholders.

Ambea's board declares SEK1.2bn rights issue

Flourmill is raising N39.9 billion by way of Rights Issue by offering 1.47 billion ordinary shares of 50 kobo each at a rights price of N27 per share to existing shareholders based on nine new ordinary shares for every 16 ordinary shares held as at December 8, 2017.

Flour Mills to strengthen capital position with N40bn Rights

Gulf Navigation Holding said on Wednesday it has appointed Al Ramz Corporation as a Co-Bookrunner to manage their Rights Issue in order to increase its capital to Dh1 billion.

Al Ramz appointed as co-bookrunner for Gulf Nav rights issue

The Rights Issue is subject to all necessary regulatory approvals.

Bank Dhofar approves rights issue of OMR 40 million

The largest rights issue during the period was from Tata Motors which alone raked in Rs 7,498 crore.