Venture Deals · glossary
New shares issued to existing holders for no money, paid up from a reserve the company already has. Solaris turned €79,300 of share premium into 79,300 new shares, taking its register to 100,000. It creates no money. Deed of Exchange, resolution 2 · Chapter 15
Explained in Chapter 15, The Exchange, the Reorganisation and the Handover, of Venture Deals.
The second is a bonus issue. It turns a reserve the company already has into new shares, and nobody pays anything…Read Chapter 15, The Exchange, the Reorganisation and the Handover →
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