NRZ 0.00% 0.3¢ neurizer ltd

Ann: Oversubscribed Rights Issue, page-24

  1. 229 Posts.
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    Non Renouncement rights purely means the rights you are allotted/entitled to (1:15) is not trade-able (E.g. code LCKN).
    A Renouceable rights issue means before the close date of the offer you can trade your rights (1:15 allotment) to somebody else so they may participate in the offer.
    The shares that are issued by taking up the offer are ranked equally and function like normal fully paid ordinary shares.
 
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