Example sentences of "in a rights " in BNC.
Next page| No | Sentence |
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| 1 | Ernst & Young has offered to pay compensation to Sound Diffusion investors who took up shares in a rights issue seven months before the electrical equipment company collapsed . |
| 2 | In 1987 the bank raised £700m in a rights issue , only to use it to make provisions of £1.02bn against sovereign debt , a move that pushed the Midland into its first ever loss . |
| 3 | The company explains its performance by saying that 1989 was the first year that the US contributed the majority of its sales , 61% of the total , and that it was hit that year by a 35% fall in the UK because it was too reliant on one customer ; it raised £1.5m in a rights issue . |
| 4 | In a rights issue , of course , there is no loss to the company , investors or underwriters , unless the rights price becomes negative ( for example , because of a substantial general decline in share prices ) . |
| 5 | In a rights issue the purchaser offers to its existing shareholders the right to subscribe in cash for such number of shares in proportion to their existing holdings as will raise a sum ( after deduction of the rights issue costs ) equal to the consideration needed for the acquisition . |