Page 280 - Microsoft Word - 00 ACCA F9 IWB prelims 2017.docx
P. 280
Chapter 15
4.4 Shareholder’s options
take up the rights by buying the specified proportion of shares at the price
offered
renounce the rights and sell them in the market.
Renounce part of the rights and take up the remainder
Do nothing (will lose wealth as shares held will fall in value to the TERP)
272