Rights Issue Press Release
Publisher one
Genie AISource file
rights_issue_press_release_template.docxJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
⚖️ Press releaseBusiness activity
Announce rights issueA press release is a written or recorded communication directed at members of the news media for the purpose of announcing something claimed as having news value.
A Rights Issue Press Release under UK law is a legal template that provides a framework for issuing a public statement to shareholders, investors, and the general public regarding a rights issue undertaken by a company incorporated in the United Kingdom. A rights issue is a method employed by companies to raise capital by offering existing shareholders the opportunity to purchase additional shares at a discounted price within a specified time frame.
This legal template would outline the key information and disclosures that need to be included in the press release. It would cover essential details such as the purpose of the rights issue, the number of additional shares available for subscription, the subscription price, the ratio of shares that existing shareholders can buy, the subscription period, and any other relevant terms and conditions.
The press release would also address the reasons behind the rights issue, such as raising funds for business expansion, debt reduction, strategic investments, or funding a specific project. It would explain how the decision was made, highlighting the board of directors' considerations and regulatory requirements responsible for evaluating and approving the rights issue.
Additionally, the template would guide the user in conveying any potential risks associated with the rights issue, cautioning investors about the uncertainty of the stock market and fluctuations in share prices, as well as highlighting any risks specific to the company or industry.
Moreover, the legal template would provide guidelines on how to comply with the relevant legal and regulatory requirements imposed by UK law, ensuring that the press release is accurate, fair, and does not mislead the public or potential investors. It would include details of where interested parties can find additional documentation and how they can exercise their rights to subscribe for additional shares.
Overall, this legal template for a Rights Issue Press Release under UK law serves as a comprehensive guide to help companies communicate the necessary information effectively and transparently to stakeholders regarding their rights issue, while complying with the applicable legal framework and ensuring fair disclosure.
This legal template would outline the key information and disclosures that need to be included in the press release. It would cover essential details such as the purpose of the rights issue, the number of additional shares available for subscription, the subscription price, the ratio of shares that existing shareholders can buy, the subscription period, and any other relevant terms and conditions.
The press release would also address the reasons behind the rights issue, such as raising funds for business expansion, debt reduction, strategic investments, or funding a specific project. It would explain how the decision was made, highlighting the board of directors' considerations and regulatory requirements responsible for evaluating and approving the rights issue.
Additionally, the template would guide the user in conveying any potential risks associated with the rights issue, cautioning investors about the uncertainty of the stock market and fluctuations in share prices, as well as highlighting any risks specific to the company or industry.
Moreover, the legal template would provide guidelines on how to comply with the relevant legal and regulatory requirements imposed by UK law, ensuring that the press release is accurate, fair, and does not mislead the public or potential investors. It would include details of where interested parties can find additional documentation and how they can exercise their rights to subscribe for additional shares.
Overall, this legal template for a Rights Issue Press Release under UK law serves as a comprehensive guide to help companies communicate the necessary information effectively and transparently to stakeholders regarding their rights issue, while complying with the applicable legal framework and ensuring fair disclosure.
How it works
PRODUCT HUNT
#1 Product of the Day
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
See Genie AI in action
Book your personalised demo now
Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue
Similar legal templates
Tenant's Statutory Declaration To Exclude Security Of Tenure
The Tenant's Statutory Declaration to Exclude Security of Tenure under UK Law is a legal template or document that is designed to be used by tenants in the United Kingdom. This declaration allows a tenant to formally request exclusion from the security of tenure provisions provided under the Landlord and Tenant Act 1954.
Under UK law, tenants are generally granted certain legal protections, including the right to automatically renew their tenancy agreement and the right to remain in the property. However, in some cases, tenants may wish to opt out of these security of tenure provisions for various reasons.
This legal template provides a structured format for tenants to make a formal declaration stating their intention to exclude security of tenure rights. It typically includes information such as the tenant's name, the details of the property being rented, the reasons for excluding security of tenure, and any relevant supporting evidence or documentation.
By completing and signing this declaration, the tenant acknowledges that they have made a voluntary and informed decision to exclude their rights to automatic renewal and security of tenure. It is essential to note that this legal document should be carefully reviewed and tailored to meet the specific requirements and circumstances of the tenant before submitting it.
Overall, the Tenant's Statutory Declaration to Exclude Security of Tenure under UK Law is a valuable tool for tenants who may have unique circumstances or preferences that make them want to waive their security of tenure rights, providing a legal framework for such exclusions.
Under UK law, tenants are generally granted certain legal protections, including the right to automatically renew their tenancy agreement and the right to remain in the property. However, in some cases, tenants may wish to opt out of these security of tenure provisions for various reasons.
This legal template provides a structured format for tenants to make a formal declaration stating their intention to exclude security of tenure rights. It typically includes information such as the tenant's name, the details of the property being rented, the reasons for excluding security of tenure, and any relevant supporting evidence or documentation.
By completing and signing this declaration, the tenant acknowledges that they have made a voluntary and informed decision to exclude their rights to automatic renewal and security of tenure. It is essential to note that this legal document should be carefully reviewed and tailored to meet the specific requirements and circumstances of the tenant before submitting it.
Overall, the Tenant's Statutory Declaration to Exclude Security of Tenure under UK Law is a valuable tool for tenants who may have unique circumstances or preferences that make them want to waive their security of tenure rights, providing a legal framework for such exclusions.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
11
RATINGS
2
DISCUSSIONS
1
Target Company Pre-Announcement Of Recommended Offer (Board Minutes)
This legal template pertains to a specific situation involving a target company, operating within the jurisdiction of the United Kingdom, which is planning to make a pre-announcement regarding a recommended offer. The template specifically focuses on documenting the board minutes of the target company during this pre-announcement phase.
In the context of mergers and acquisitions (M&A) or other corporate transactions, a "recommended offer" refers to a proposal made by a potential acquirer to acquire the target company. Before making a formal announcement or disclosure to the public and shareholders, it is often necessary for the board of directors of the target company to hold a meeting to deliberate and discuss the details of the recommended offer.
The board minutes are a formal record of the discussions, resolutions, and decisions made during this particular board meeting. This legal template enables the target company to prepare official documentation that accurately captures the proceedings, discussions, and ultimate resolutions of the board of directors regarding the pre-announcement of the recommended offer.
These minutes may include various important matters such as the consideration of the offer price, potential conditions or contingencies, any regulatory or legal requirements that need to be fulfilled, implications for the target company's future operations, and potential impacts on shareholders and other stakeholders.
Adhering to UK law, this legal template ensures that the target company follows the necessary legal procedures and maintains compliance during the pre-announcement stage, as this is a critical phase in the deal-making process. Additionally, these board minutes serve as an essential record to substantiate the board's thorough review and careful consideration of the recommended offer, protecting the interests of the target company and its shareholders.
It is important to note that while this description outlines the general nature and purpose of the legal template, the specific content, language, and intricacies would be determined by the unique circumstances, legal requirements, and the transaction itself.
In the context of mergers and acquisitions (M&A) or other corporate transactions, a "recommended offer" refers to a proposal made by a potential acquirer to acquire the target company. Before making a formal announcement or disclosure to the public and shareholders, it is often necessary for the board of directors of the target company to hold a meeting to deliberate and discuss the details of the recommended offer.
The board minutes are a formal record of the discussions, resolutions, and decisions made during this particular board meeting. This legal template enables the target company to prepare official documentation that accurately captures the proceedings, discussions, and ultimate resolutions of the board of directors regarding the pre-announcement of the recommended offer.
These minutes may include various important matters such as the consideration of the offer price, potential conditions or contingencies, any regulatory or legal requirements that need to be fulfilled, implications for the target company's future operations, and potential impacts on shareholders and other stakeholders.
Adhering to UK law, this legal template ensures that the target company follows the necessary legal procedures and maintains compliance during the pre-announcement stage, as this is a critical phase in the deal-making process. Additionally, these board minutes serve as an essential record to substantiate the board's thorough review and careful consideration of the recommended offer, protecting the interests of the target company and its shareholders.
It is important to note that while this description outlines the general nature and purpose of the legal template, the specific content, language, and intricacies would be determined by the unique circumstances, legal requirements, and the transaction itself.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
4
RATINGS
3
DISCUSSIONS
0
Target Company Share Purchase Completion (Board Minutes)
This legal template pertains to the completion of a share purchase for a target company under UK law and specifically focuses on the preparation of board minutes. Board minutes play a crucial role in documenting the decision-making process and actions taken by a company's board of directors during important meetings such as the completion of a share purchase.
In the context of this template, it is expected to outline the essential details of the share purchase completion process, including the agreement terms, parties involved, transaction consideration, and any necessary regulatory requirements. The board minutes will provide a comprehensive record of the board's approval and authorization of the share purchase, highlighting key decisions made, resolutions passed, and any amendments to the company's articles, if applicable.
This template serves as a legally-sound resource to ensure compliance with relevant laws and regulations governing share purchases in the United Kingdom. It aims to assist corporate entities, legal professionals, and company secretaries in accurately documenting and recording the completion of a share purchase transaction, maintaining a transparent and formal record of the board's actions and decisions.
In the context of this template, it is expected to outline the essential details of the share purchase completion process, including the agreement terms, parties involved, transaction consideration, and any necessary regulatory requirements. The board minutes will provide a comprehensive record of the board's approval and authorization of the share purchase, highlighting key decisions made, resolutions passed, and any amendments to the company's articles, if applicable.
This template serves as a legally-sound resource to ensure compliance with relevant laws and regulations governing share purchases in the United Kingdom. It aims to assist corporate entities, legal professionals, and company secretaries in accurately documenting and recording the completion of a share purchase transaction, maintaining a transparent and formal record of the board's actions and decisions.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
6
RATINGS
1
DISCUSSIONS
2
