22 Apr 2020

Tapping your shareholders: rights issues best practice

Best practice for rights issues and other equity raises as a result of the COVID-19 pandemic.

Explores the key aspects that companies should consider if they are planning to undertake a large equity raise, like a rights issue, as a result of the COVID-19 pandemic: shareholder approvals and shareholder consultation; the working capital position; prospectus requirements; due diligence, verification and comfort exercise; timing and practicalities.

This article was produced in conjunction with The Deal Team as part of their 'Race to Recapitalise' series.

Practices Capital Markets
Contact Information
Harry Hecht
Partner at Slaughter and May
Yvonne Lee
Senior Counsel at Slaughter and May