Name - Digital Composition Systems Ltd
Website -
Symbol - DCS.RT
Cusip Number - 253908 12 3
Expiry Date - January 16 1989
News Release
1988-12-19 16:02 MT - Rights Called to Trade
Further to the VSE notice dated December 16 1988, the trading symbol etc for the company's rights are as follows:
Rt trading symbol: DCS.RT
Rt security No: 834234
Rt Cusip No: 253908 12 3
1988-12-15 16:04 MT - Rights Offering
The company will offer to shareholders of record on December 22 1988 rights to purchase shares of the company.
Basis of offering: Two rights exercisable for one share at $0.20 per share
Record date: December 22 1988
Shares trade x-rt: December 16 1988
Rt called for trade: December 16 1988
Rt trade for cash: January 10 1989
Rt expire: January 16 1989
Trading symbol: Tba
Security No: Tba
Cusip No: 253908 12 3
Rights give existing shareholders a chance to proportionately buy shares in the new issue the company is putting out to raise more funds. The certificate showing this privilege is called a right. It gives the stockholders the first opportunity, to buy the new securities.
Rights issue
An offer made by a company to its shareholders to enable them to buy new
shares in the company at a discount to the market price.
