Renounceable documents - Documents which provide temporary evidence of ownership of unregistered shares. These include a company"s offer of shares to the public, a rights issue and a capitalisation or scrip issue. In each case instructions are given regarding action to be taken if the holder requires to have the shares registered in his/her name or if it is required to renounce them in favour of another person.
Renounceable documents : documents which provide temporary evidence of ownership of unregistered shares. these include a company"s offer of shares to the public, a rights issue and a capitalisation or scrip issue. in each case instructions are given regarding action to be taken if the holder requires to have the shares registered in his/her name or if it is required to renounce them in favour of another person.