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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 - Sodisco-Howden Group Inc
Website -
Symbol - SOD.RT
Cusip Number - 833967 11 0 
Expiry Date - December 30 1994
News Releases

1994-11-30 16:36 ET - Rights Offering

Holders of common shares of record December 9 1994 will be granted the right to subscribe for 6.4 common shares of the company for each common share held at $0.40 per share.

Symbol: SOD.RT
Shares trade ex-rights: December 30 1994
Cusip No: 833967 11 0

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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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