Under the terms of this rights issue, shareholders in Mekonomen have preferential rights to subscribe for four new shares per seven existing shares, or a
subscription ratio of 4:7.
Consus contemplates to issue up to 39.9 million new ordinary registered shares with no par value at a
subscription ratio of 11:23 and a subscription price of 7.20 per new share.
Tunisian investors believe that IPOs with low
subscription ratio are overvalued.
Prime Office AG will publish the number of new shares that will be issued for the cash capital raise as well as the
subscription ratio on 28 January.
Third, by comparing post-SEO performance rights issues cross-sectionally based on
subscription ratio; if managers time SEOs, we should see a more pronounced underperformance for issues with a high
subscription ratio.
Wilex issued a total of 3.2m new shares at a subscription price of EUR3.10 apiece and a
subscription ratio of 27:4.
The company plans to issue 10.3m new shares to its existing shareholders at a
subscription ratio of 37:10, at a price of EUR3 each.
Judging from the progress of subscription, among the on-going large-scale H share public offering projects, New China Life Insurance boasts the highest
subscription ratio of lock-up cornerstone investors during its share offering in HongKong, which is more than 50%.
8 November 2011 - German fibre-optics technology specialist Euromicron (ETR:EUC) said yesterday it will carry out a share issue consisting of up to 1.5m shares with a
subscription ratio of ten-to-three, seeking gross proceeds of up to EUR24.6m (USD33.9m).
The island's biggest lender said about 164.7 mln shares in its rights offering were subscribed for at 2 euros each, giving a
subscription ratio of 95.4%.
Shareholders were granted a one-for-two
subscription ratio.
The
subscription ratio is 2:15, which means the rights offering to existing shareholders will be in the ratio of two new shares per 15 existing shares.
