IHTM34187 - Changes in shareholdings: rights issue

If a rights issue is declared in respect of a qualifying investment (IHTM34131) the appropriate person (IHTM34161) may

  • sell the rights (IHTM34188)
  • take up and sell the allotted shares (IHTM34189)
  • neither take up nor sell the rights (IHTM34190)
  • dispose of the rights without consideration (IHTM34191), or
  • sell part of the rights and accept the balance (IHTM34192) of the shares.

The impact on the calculation of the loss will depend on what option the appropriate person takes.