Corporate Actions

What is a mandatory corporate action?
A corporate action is a step taken by a publicly-traded company that affects the securities (shares and other financial instruments) issued by the company a...
Wed, 3 Jun, 2015 at 4:29 PM
How will Corporate Actions be handled in EasyEquities?
When you own a share in a particular publicly-traded company, and that company issues a corporate action, it is initiating a process that will bring actual ...
Tue, 29 Aug, 2017 at 2:02 PM
What is a Rights Issue or Rights Offer?
A Rights Issue is a way that listed Companies can use their existing shareholders to raise money. The way the company does this is to in...
Tue, 19 Jul, 2016 at 5:58 PM
How does a Rights Issue or Rights Offer work?
Depending on the number of shares they already hold in the company at a specific point in time, shareholders are given / issued a number of rights f...
Tue, 29 Aug, 2017 at 2:18 PM
How does the buying of Nil paid letters work?
Let’s say the Widget Group Nil paid letters from the example above, are trading at R2.00 on the market. If an Investor that doesn’t own any Widg...
Tue, 29 Aug, 2017 at 2:22 PM
How do I know if I am trading in rights (nil paid letters) or real shares?
Rights are placed on the market under the same share code as the real share, but with the letter N added to it. For example, the Taste Holdings shar...
Tue, 29 Aug, 2017 at 2:27 PM
What Rights Offer information will I receive from EasyEquities?
If you are a shareholder that qualifies for a Rights Offer, we will send you information (by email) on the Rights Offer and whether there is any action req...
Tue, 29 Aug, 2017 at 2:28 PM
Can I trade in Rights Offer shares (nil paid letters)?
Yes you can. Provided they are being traded on the market, you can buy or sell rights offer shares (nil paid letters) on EasyEquities. When yo...
Tue, 19 Jul, 2016 at 6:58 PM