Bonus Rights Issue

From Open Risk Manual

Definition

Bonus Rights Issue. A Rights Issue in which the rights are given to the holders of the referenced shares for free.

Rights = right to buy shares at a specified price. May be given the right for nothing (Bonus Rights Issue) or you may be offered to purchase that right at a subscription price (which you take up or don't). Bonus Rights Issue: given the option for free. May exercise at the Exercise Price.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.

Contributors to this article

» Wiki admin