English: accept the allotment Russian translation: принять предложение (о покупке акций) KudoZ The KudoZ network provides a framework for translators ... More |
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| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | | English term or phrase: | accept the allotment | | Russian translation: | принять предложение (о покупке акций) | | Entered by: | George Koundelev |
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English to Russian translations [PRO] Bus/Financial - Finance (general) | | English term or phrase: accept the allotment | When a company declares a rights issue, see CG50292, it will usually send its shareholders a provisional letter of allotment for the new shares. This means the new shares have been allocated to the shareholders. If the shareholders want to take up all or part of the rights issue they will accept the allotment by paying for the shares. Because rights issues are often made at a discount to the prevailing market price the provisional letter of allotment is valuable. The shareholders can renounce or sell the letter of allotment to another person who wants to subscribe for the shares. This process is sometimes called the sale of rights nil paid. TCGA92/S123 provides that the disposal of a provisional letter of allotment shall be treated as a capital distribution. Section 123 also applies to provisional letters of allotment to acquire debentures.
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| | Clarification request(s) and response
| | принять предложение (о покупке акций) | Explanation: letter of allotment - это высылаемое эмитентом подписчику уведомление о количестве выделяемых ему акций и предложение оплатить их. Он принимает ПРЕДЛОЖЕНИЕ.
А собственно allotment - это действие ЭМИТЕНТА.
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| Selected response from:
George Koundelev Russian Federation
| Note from asker to answerer| 4 KudoZ points were awarded for this answer |
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34 mins confidence:   |
| принять распределение
Explanation: It's an allotment of shares (распределение акций). The shareholders can either accept or reject it.
| Mark Berelekhis United States Works in field Native speaker of: Russian, English PRO pts in category: 9
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| Notes to answerer
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3 hrs confidence:  peer agreement (net): +2 |
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