Renounceable documents


 

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Renounceable documents

Documents which provide temporary evidence of ownership of unregistered shares. These include a company's offer of shares to the public, a rights issue and a capitalisation or scrip issue. In each case instructions are given regarding action to be taken if the holder requires to have the shares registered in his/her name or if it is required to renounce them in favour of another person.





 
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