Share incentive plan (SIP): letter to be sent to participants on a rights issue | Practical Law

Share incentive plan (SIP): letter to be sent to participants on a rights issue | Practical Law

A precedent for a letter from share incentive plan (SIP) trustees to SIP participants explaining the effect of a rights issue, and inviting participants to indicate what course of action they would like to take in relation to their rights issue shares.

Share incentive plan (SIP): letter to be sent to participants on a rights issue

Practical Law UK Standard Document 3-380-7475 (Approx. 9 pages)

Share incentive plan (SIP): letter to be sent to participants on a rights issue

by Practical Law Share Schemes & Incentives, based on material contributed by Cooper Cavendish LLP.
Maintained • , England, Wales
A precedent for a letter from share incentive plan (SIP) trustees to SIP participants explaining the effect of a rights issue, and inviting participants to indicate what course of action they would like to take in relation to their rights issue shares.