Mastery card
I can explain Securities Premium
Extra money investors pay above the face value of shares.
Securities premium is the amount received over the nominal (face) value of shares issued, credited to a securities premium account with restricted uses under company law.
Sticky trick
Know allowed uses (e.g. issue expenses, bonus shares) under the Companies Act.
Take into the room
In plain English, what is Securities Premium?
Or open the share card 💎
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