Business, Legal & Accounting Glossary
noun rights issue where the new shares are priced at a very low price compared to their current market value
“…as the group’s shares are already widely held, the listing will be via an introduction. It will also be accompanied by a deeply discounted £25m rights issue, leaving the company cash positive” [Sunday Times]
rights issue where the new shares are priced at a very low price compared to their current market value
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This glossary post was last updated: 20th November, 2021 | 0 Views.