Name - Ram Petroleums Limited
Website -
Symbol - RPL.RT.A
Cusip Number - 751305 13 7
Expiry Date -
News Releases
1997-12-19 08:25 MT -
Substitutional Listing
Effective at the opening on Monday, December 22 1997, the class A shares of Ram Petroleums will be listed and posted for trading on the TSE on an ex-distribution and ex-rights basis under the following trading information in substitution for the Ram common shares (symbol: RPL) which will be delisted at that time.
Symbol: RPL.A
Cusip No: 751305 20 2
Symbol: RPL.RT.A
Cusip No: 751305 13 7
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.
