IHTM34187 - Changes in shareholdings: rights issue

If a rights issue is declared in respect of a qualifying investment (IHTM34131) the appropriate person (IHTM34161) may

• sell the rights (IHTM34188)
• take up and sell the allotted shares (IHTM34189)
• neither take up nor sell the rights (IHTM34190)
• dispose of the rights without consideration (IHTM34191), or
• sell part of the rights and accept the balance (IHTM34192) of the shares.

The impact on the calculation of the loss will depend on what option the appropriate person takes.