An issue of shares offered at a special price by a company to its existing shareholders in proportion to their holding of old shares.
- Tayal said that there would be no more public issues or rights issues by the bank in the near future.
- This emotional bond is very useful if the company needs to raise money as these shareholders will often add to their holdings in rights issues and open offers.
- DCC had sponsored Xtravision's flotation and underwritten two subsequent rights issues.
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