Rights Issue

GPTKB entity

Statements (18)
Predicate Object
gptkbp:instanceOf Corporate Action
gptkbp:alternativeTo Public offering
gptkbp:defines An offer to existing shareholders to purchase additional shares at a discount to the market price.
gptkbp:example Used by companies like Tata Steel, Vodafone Idea, and others
https://www.w3.org/2000/01/rdf-schema#label Rights Issue
gptkbp:impactOnSharePrice May cause share price to fall due to dilution
gptkbp:method Pro-rata basis
gptkbp:offers Existing shareholders
gptkbp:priceRange Usually at a discount to current market price
gptkbp:purpose To raise additional capital for the company.
gptkbp:regulates Subject to securities market regulations
gptkbp:renewalPeriod Limited time window
gptkbp:result Increase in share capital
Dilution of existing shareholding if not subscribed
gptkbp:shareholderChoice Subscribe, sell rights, or let rights lapse
gptkbp:transferability Rights may be renounceable or non-renounceable
gptkbp:bfsParent gptkb:Bankers_to_an_Issue
gptkbp:bfsLayer 7