Rights offers explained with Philip Ascroft, senior associate Chapman Tripp

Frances Cook (Investments Editor at BusinessDesk) sits down with Philip Ascroft from Chapman Tripp to cover your burning questions about rights offers and capital raises.   

Philip has worked on just about every major ECM (Equity Capital Markets) offer in NZ over the past few years and he's well placed to give a plain-English explainer on rights issues.  Why do companies do rights offers? What does 'renounceable' mean? What's a TERP when it's at home?  Philip will answer all this and more.  Brought to you by Sharesies, with BusinessDesk.    

We have a special offer for Sharesies investors from BusinessDesk. If you use the promo code SharedLunch100, you’ll get $100 off an annual subscription to BusinessDesk (usually $249 incl. GST). The offer only applies to new BusinessDesk subscribers, can only be used once per subscriber, and can’t be used with any other discounts.  

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Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own. Shared Lunch is not financial advice. We recommend talking to a licensed financial adviser. You should review relevant product disclosure documents before deciding to invest. Investing involves risk. You might lose the money you start with. Content is current at the time.  Shared Lunch is for a New Zealand audience.

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