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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here. 

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George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

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  5. Allotment Letter

Allotment Letter

Definition of 'Allotment Letter'

A document issued to shareholder as proof of ownership of an underlying stock when a company has a rights issue or open offer entitling the shareholder to take up new shares. Some new issues commence trading in allotment letter form usually for the first six–week period before the stock becomes fully registered.

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Related Terms

Call PaymentsClient Agreement LetterCreative AccountingLetter of CreditAllotmentAllotment PriceCo-ManagerNon-Competitive Bid

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