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THE INVESTOR'S GUIDE TO WARRANTS:

Capitalize on the Fastest Growing Sector of the Stock Market, Second Edition (Hardcover)
 by Andrew McHattie   Rating: ISBN-10: 027303751X

 

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Name - Dylex Ltd
Website -
Symbol - DLX.RT
Cusip Number - 267720 40 7 
Expiry Date -
News Releases

1995-05-31 14:11 ET - Miscellaneous

The plan of arrangement became effective May 31 1995. As a result, the old common shares (DLX) and class A shares (DLX.A) will be delisted at the close June 1 1995. At the opening June 2 1995, the new common shares (DLX.RT.W),
the rights (DLX.RT.W) and the warrants (DLX.WT.W) will commence trading under the new symbols set out below:

common shares - DLX
Cusip No. 278820 40 7

rights - DLX.RT
Cusip No: 267720 40 7

warrants DLX.WT,
Cusip No: 267720 13 4

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Explanation

Rights

Rights give existing shareholders a chance to proportionately buy shares in the new issue the company is putting out to raise more funds. The certificate showing this privilege is called a right.  It  gives the stockholders the first opportunity,  to buy the new securities.

Rights issue

An offer made by a  company to its shareholders to enable them to buy new shares in the company at a discount to the market price.

 

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