| 释义 |
pre-emptive right
1. The right of some shareholders under the Companies Act 2006 to be offered a proportion of certain classes of newly issued securities before they are offered to anyone else and upon terms at least as favourable. (See also rights issue.) 2. The right conferred by the articles of association upon shareholders in some private companies to be offered, on specified terms, first refusal of the shares of any shareholder wishing to transfer his holding. |