Specifically, I think it is an arrangement in which each existing shareholder is issued rights to buy new shares in proportion to the current holding.

(I'm English, although I live in California)

Patricia


Benson Margulies wrote:
Isn't a 'rights issue' a sale of stock in Great Britain?

On Mon, Oct 18, 2010 at 8:37 AM, Jukka Zitting <[email protected]> wrote:
Hi,

On Mon, Oct 18, 2010 at 2:32 PM, Sim IJskes - QCG <[email protected]> wrote:
Normal? Or rights issue?
The latter. It's fixed now.

BR,

Jukka Zitting



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