A rights issue is when a company offers its shareholders the chance to buy more shares at a special price by a certain date. These shares are usually offered at a lower price to make them more attractive.

You can give up your rights shares by selling them on the secondary market (on-market renunciation) or by transferring them directly to someone else (off-market renunciation). On-market renunciation: This works like selling regular stocks and usually offers better prices based on market demand and ...

If you don't apply for the rights issue or give up your rights, they will expire. This means you lose the opportunity to buy the shares, which can be a financial loss.

No, customers with corporate accounts cannot apply for the rights issue online.