INSTITUTIONAL investors should oppose plans by Laura Ashley to issue shares without giving existing shareholders the right to buy them first, experts say.
The retailer has announced plans to issue shares without pre-emption rights worth 10pc of the currently issued share capital. Pensions and Investments Research Consultants says the vast majority...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date