A share represents a fraction of a company's capital. Holding a share gives the holder a number of rights, including the right to receive dividends if they are distributed and/or the right to vote.
The share may be in cash (cash) or in kind (tangible or intangible assets).
A share with share warrants (or hybrid share) is a security made up of a traditional share and a share warrant.
The subscription warrant is a right to subscribe for new shares, and the acquisition warrant is a right to purchase new shares. Its particularity is based on the separation of the two securities at the time of listing on the markets.
A bond warrant is a security made up of a traditional share and a bond subscription or purchase warrant.
This warrant gives the right to acquire at a preferential price the new bonds issued by an entity, but within a pre-defined period.
A public offering consists of a company raising capital to finance its activities by issuing securities (shares or bonds), which are then subscribed by the public.
In Belgium, public offerings are subject to strict regulations, compliance with which is monitored by the Autorité des Services et Marchés Financiers.FSMA".
Companies making a public offering are required to publish an information memorandum for amounts between €500,000 and €5,000,000. Above this amount, a prospectus is required.
To raise capital from the public, companies are now using crowdfunding platforms such as BeeBonds.
The rate of return indicates the return on an investment in a bond. Yield should not be confused with coupon. The yield fluctuates over the life of the bond according to its price (i.e. its current price), whereas the coupon is fixed at the time of issue.
When you buy bonds, the yield is sometimes higher or lower than the coupon. It is easier to have bonds with a yield different from the coupon on Euronext Expert Market.