Spanish term
Derecho de Asuncion Adicional
Aqui un extracto del texto:
"el derecho de asunción adicional de la presente cláusula abarca el total de derecho de asunción preferente de los Socios Inversores, incluyendo el propio derecho de asunción legal como socio de la Sociedad."
4 | additional pre-emptive right | John Rynne |
3 | Right of Additional /Rights /Take-Up ('Subscription') | Adrian MM. |
Proposed translations
additional pre-emptive right
Right of Additional /Rights /Take-Up ('Subscription')
The context has echoes of a 'rights vs. bonus (free-issue), scrip or capitalis/zation issue' on a share capital increase - I studied only the latter on my ENG co. law course many years ago.
Subscription may also work, but 'adoption' unusually doesn't in this context.
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Note added at 6 days (2020-01-30 14:21:10 GMT) Post-grading
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https://eng.proz.com/kudoz/english-to-spanish/finance-genera...
What is Right Issue? These are the shares issued by the company with the purpose of increasing the subscribed share capital of the company through an additional issue.
Also, one must not *take up the rights* if the share price has fallen below the subscription price as it may be cheaper to buy the shares in the open market.
http://www.proz.com/kudoz/spanish-to-english/law-general/3099752-derecho-de-asunción-preferente.html
neutral |
John Rynne
: Not sure I understand your answer(s). Right of additional what?
15 hrs
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I think it's a take-up in a rights issue - the mechanics of which that seems to have everyone stumped. www.fool.co.uk/investing-basics/how-the-stock-market-works/...
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neutral |
AllegroTrans
: I find your answer jumbled
20 hrs
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I think it's a take-up in a rights issue - the mechanics of which that seems to have everyone stumped. www.fool.co.uk/investing-basics/how-the-stock-market-works/...
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