types of equity securities
Securities of different properties and are classified according to various reasons. By the way the issue allocate equity and non-equity securities.
Any securities, which are characterized by such features as the ability to secure property and non-property rights, the placement of editions, equal volumes and the same dates of implementation of rights within a single issue irrespective of the time when such securities are purchased, can be defined as equity securities.
types of equity securities
Emission - Issuer's actions on the issue of securities and their placement among the owners of the. In fact, securities form the basis of the securities market. As a result of the deals conclusion of civil-legal nature there is a transition of the property right to them from the Issuer to the holders.
The Issuer issue of the need for additional funding and the creation of the status of a public company. The most frequently issued bonds, shares, etc.
Issued securities of the types are the following. Are issued such securities in the form of registered securities certificated form, registered securities of the non-documentary form and bearer securities certificated form.
The choice of the form of the issue the Issuer is defined in its founding documents, in the issue prospectus and the decision on the issue of securities.
When issuing securities in the documentary form to the owner may be issued to a single certificate for all kinds of securities purchased by him, in which indicates their quantity, and value at par value and category.
Equity securities certified by the certificate. One such security may be accompanied by only a single certificate. In this case, each certificate, respectively, can certify the right to one, all or some of securities from one state registration number.
When making a decision on issue of securities in the documentary form of issuing their organization has the right to determine, that the certificates will be issued to the owners or they will be subject to centralized storage in the depositories.
Emissive bearer securities are issued only in case of the documentary form. In contrast to them, registered may be issued in documentary and non-documentary form.
All rights of property and non-property rights, which are held in certificated form and uncertificated form, constitute the types of equity securities, the terms and conditions of their occurrence and treatment should correspond to the totality of all signs of valuable emission of paper.
Issued by foreign issuers of securities to circulation in the Russian Federation shall be allowed after the registration of the special issue prospectus, which is exercised by the Federal Commission.
In the case of the need for the withdrawal of the outstanding securities, issued registered in the Russian Federation issuers, such a decision is also taken only with the consent of the Federal Commission.
Rights, constituting certificated securities, confirming certificates and the decision on the issue. In the case of uncertificated securities, and similar rights are confirmed by the decision on their issue.
Equity securities fix for the owners of rights to the extent in which they are defined by the resolution on issue of and legislative acts.
In the certificates for the securities shall be in the presence of a required number of details: full name ýìèòèðóþùåé organization, legal address, securities, the Issuer's obligation to ensure the rights of owners, an indication of the number of issued securities, the indication of the form of issue, signature of the managers, the Issuer print, other detailsrequired to specify the legislation.
Equity securities, for any reason not registered at the time of issue, according to law, may not be placed among the owners.
