Where the price of shares does not include the right to subscribe for new shares under a rights issue. The converse is a share quoted cum-rights, which carries the rights to subscribe new shares under the rights issue.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

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  • rights issue — rights issues N COUNT A rights issue is when a company offers shares at a reduced price to people who already have shares in the company …   English dictionary

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