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Deep Discounted Rights Issue

Definition
nounrights 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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