renounceable


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Related to renounceable: Renounceable Rights

renounceable

(rɪˈnaʊnsəbəl)
adj
of a nature that can be renounced
References in periodicals archive ?
to subscribe for further securities by means of the issue of a renounceable letter (or other negotiable document) which may be traded for a period before payment for the securities is due, but subject in both cases to such exclusions or other arrangements as the directors may deem necessary or expedient in relation to treasury shares, fractional entitlements, record dates or legal, regulatory or practical problems in, or under the laws of, any territory or any other matter.
39 million based on the indicative issue price of 10 sen per renounceable rights share.
The right offer letters are traded on the stock exchanges and are renounceable therefore the right share can be subscribed by other investors as well.
As part of the proposed transaction, it was also announced that the merged group would undertake a pro-rata renounceable entitlement offer to raise approximately A$150 million to ensure that the combined group is suitably capitalised to realise the full development and exploration potential of its assets and achieve its growth ambitions.
6 million through an underwritten one for one renounceable entitlement offer issuing 46.
IEF shareholders are being asked to take part in a two-for-one pro-rata renounceable rights issue as part of a range of initiatives being undertaken by the fund to reduce debt levels.
Sydney, Australia, June 29, 2007 - (JCN Newswire) - IBA Health Limited (ASX: IBA) - Australia's largest listed eHealth company, today announced today that following the closing of its 2 for 5 renounceable rights issue, acceptances were received for 137,726,782 New Shares.
MELBOURNE, Australia -- Benitec Ltd (ASX:BLT), a world leader in RNA-based gene silencing for human therapeutics, today announced its fully underwritten AU$8 million renounceable rights issue, incorporating an entitlement offer and a shortfall offer, had successfully closed oversubscribed.