Pre-emption Group Guidelines

Pre-emption Group Guidelines
Voluntary guidelines produced by representatives of listed companies, investment institutions and corporate finance practitioners. They relate to issues of equity securities for cash other than on a pro rata basis, setting out the extent to which disapplications of pre-emption rights are acceptable. They apply to all listed companies, irrespective of whether they have institutional shareholders.
For a copy of the guidelines, see the Institutional Voting Information Services website:
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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