Rights offers explained with Philip Ascroft, senior associate Chapman Tripp

Frances Cook (Investments Editor at BusinessDesk) sits down with Philip Ascroft from Chapman Tripp to cover your burning questions about rights offers and capital raises.    Philip has worked on just about every major ECM (Equity Capital Markets) offer in NZ over the past few years and he's well placed to give a plain-English explainer on rights issues.  Why do companies do rights offers? What does 'renounceable' mean? What's a TERP when it's at home?  Philip will answer all this and more.  Brought to you by Sharesies, with BusinessDesk.     We have a special offer for Sharesies investors from BusinessDesk. If you use the promo code SharedLunch100, you’ll get $100 off an annual subscription to BusinessDesk (usually $249 incl. GST). The offer only applies to new BusinessDesk subscribers, can only be used once per subscriber, and can’t be used with any other discounts.   Register for upcoming episodes and submit your questions over on Crowdcast. If there are any companies, fund managers, or other special guests you’d like to see on Shared Lunch, flick us an email at sharedlunch@sharesies.co.nz to let us know.   Subscribe to the Lunch Money email newsletter for bite-sized market updates three times a week. Or, if you’re looking for a daily recap of the events shaping the NZ, US, and Australian share markets, tune in to our Recap podcast.   Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own. Shared Lunch is not financial advice. We recommend talking to a licensed financial adviser. You should review relevant product disclosure documents before deciding to invest. Investing involves risk. You might lose the money you start with. Content is current at the time.  Shared Lunch is for a New Zealand audience.See omnystudio.com/listener for privacy information.

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A conversation with experts, CEOs, and you. We talk to company leaders and industry experts every week. Listen or watch over lunch or whenever for what’s happening in the economy, the markets, and the companies you invest in. Investing involves risk. This channel is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. Information provided is general advice only and current at the time and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the product disclosure documents available from the product issuer before making a financial decision. Our disclosure documents, including a Target Market Determination for Sharesies, can be found on our website at https://sharesies.com.au/disclosures. If you require financial advice, you should seek advice from a qualified financial advisor. The views expressed by individuals are their own and Sharesies does not endorse any of the guests or the views they hold.