What are Right shares ?
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A rights issue or rights offer is a dividend of subscription rights to buy additional securities in a company made to the company's existing security holders. When the rights are for equity securities, such as shares, in a public company, it is a non-dilutive pro rata way to raise capital.
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ᴀ ʀɪɢʜᴛs ɪssᴜᴇ ᴏʀ ʀɪɢʜᴛs ᴏғғᴇʀ ɪs ᴀ ᴅɪᴠɪᴅᴇɴᴅ ᴏғ sᴜʙsᴄʀɪᴘᴛɪᴏɴ ʀɪɢʜᴛs ᴛᴏ ʙᴜʏ ᴀᴅᴅɪᴛɪᴏɴᴀʟ sᴇᴄᴜʀɪᴛɪᴇs ɪɴ ᴀ ᴄᴏᴍᴘᴀɴʏ ᴍᴀᴅᴇ ᴛᴏ ᴛʜᴇ ᴄᴏᴍᴘᴀɴʏ's ᴇxɪsᴛɪɴɢ sᴇᴄᴜʀɪᴛʏ ʜᴏʟᴅᴇʀs. ᴡʜᴇɴ ᴛʜᴇ ʀɪɢʜᴛs ᴀʀᴇ ғᴏʀ ᴇǫᴜɪᴛʏ sᴇᴄᴜʀɪᴛɪᴇs, sᴜᴄʜ ᴀs sʜᴀʀᴇs, ɪɴ ᴀ ᴘᴜʙʟɪᴄ ᴄᴏᴍᴘᴀɴʏ, ɪᴛ ɪs ᴀ ɴᴏɴ-ᴅɪʟᴜᴛɪᴠᴇ ᴘʀᴏ ʀᴀᴛᴀ ᴡᴀʏ ᴛᴏ ʀᴀɪsᴇ ᴄᴀᴘɪᴛᴀʟ.❤
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