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Stock impact report

Clough Global Equity Fund Announces Record Date For Rights Offering

Clough Global Equity Fund Clough Global Equity Fund Common Shares of Beneficial Interest (GLQ) 
NASDAQ:AMEX Investor Relations: cloughglobal.com/closed-end-funds/overview/glo
Company Research Source: Business Wire
DENVER--(BUSINESS WIRE)--The Board of Trustees of Clough Global Equity Fund (the “Fund”) has authorized and set the terms of an offering to the Fund’s shareholders of rights to purchase additional common shares of the Fund.The Fund is issuing transferable subscription rights (“Rights”) to its common shareholders of record as of July 18, 2019 (the “Record Date” and such shareholders, “Record Date Shareholders”) who will be allowed to subscribe for new common shares of the Fund (the “Primary Subscription”). Record Date Shareholders will receive one Right for each common share held on the Record Date. For every five Rights held, a holder of Rights may buy one new common share of the Fund. Record Date Shareholders who exercise their Rights will not be entitled to distributions payable during July 2019 and August 2019 on shares issued in connection with the Rights Offering.Record Date Shareholders who fully exercise all Rights initially issued to them in the Primary Subscription may be Show less Read more
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