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
Nearby Terms
- Similar companies