lazy shareholder

lazy shareholder
On a rights issue, a shareholder who does not take up his rights under the provisional allotment letter and after the disposal of the rump receives a cash payment representing any premium over the rights issue price.
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • rights issue — an issuing of extra shares. A company may raise additional capital from its members as opposed to from the public at large by issuing extra shares; this is called a rights issue. See pre emption; pre emption clause. Collins dictionary of law. W.… …   Law dictionary

  • Media and Publishing — ▪ 2007 Introduction The Frankfurt Book Fair enjoyed a record number of exhibitors, and the distribution of free newspapers surged. TV broadcasters experimented with ways of engaging their audience via the Internet; mobile TV grew; magazine… …   Universalium

  • Montreal Expos — Established: 1969 (Expansion team) Relocated: December 3, 2004 (to Washington, D.C., as the Washington Nationals) Major leagu …   Wikipedia

  • Panasonic (brand) — Infobox Company company name = Panasonic company company type = Brand name of Matsushita Electric Industrial Co. company slogan = Ideas for Life. foundation = March, 1918 founder = Konosuke Matsushita location = flagicon|Japan Kadoma, Osaka,… …   Wikipedia

  • OKD — Type joint stock company Industry Mining Founded 1952 Headquarters …   Wikipedia

  • The Office (U.S. TV series) — The Office Genre Sitcom Mockumentary Created by Ricky Gervais Stephen Merchant …   Wikipedia

  • Robbie Williams — Infobox Musical artist Name = Robbie Williams Img capt = Robbie Williams at a concert in Vienna, Austria (2006) Img size = 352 Landscape = Background = Birth name = Robert Peter Maximilian Williams Alias = Born = birth date and… …   Wikipedia

  • Dean Martin — This article is about the American singer and actor. For the Arizona politician, see Dean Martin (politician). Dean Martin Dean Martin in the film Rio Bravo (1959) Background information …   Wikipedia

  • Delia Smith — CBE Born 18 June 1941 (1941 06 18) (age 70) Woking, Surrey, England Delia Smith CBE (born 18 June 1941) is an English cook and television presenter, known for teaching basic cookery skills. She is the UK s best selling cookery author, with… …   Wikipedia

  • Alton Towers — Resort Alton Towers resort and Theme Park logo Location Alton, Staffordshire, England Coordinates …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”