Letter of renunciation


 

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Letter of renunciation

In a rights issue of shares, a letter of renunciation is the form attached to an allotment letter which the holder completes should he wish to transfer entitlement to another person or to renounce his rights absolutely.



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Renunciation

Renunciation

The relinquishing of shares by one person to another by the completion of a renunciation form usually attached to the allotment letter.




 
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