Glossary entry (derived from question below)
Italian term or phrase:
sottoscrive interamente la sua quota
English translation:
fully subscribed to its .... (option) quota
Added to glossary by
achisholm
Jan 3, 2008 15:44
16 yrs ago
Italian term
sottoscrive interamente la sua quota
Italian to English
Bus/Financial
Business/Commerce (general)
share capital
"Vengono inoltre emessi warrant con scadenza nel dicembre 2006. In occasione dell'aumento di capitale, la controllante XXX sottoscrive interamente la sua quota del 51.1%. Nel dicembre 2006 la quasi totalità (99,71%) dei soci individuali e istituzionali converte i warrant in azioni, incrementando il capitale di 67 milioni di euro."
I am working on a scientific document which unfortunately has a small financial section in the introduction.
I have a good idea what the phrase above means, i'm just not sure how you would say this using the terminology from the sector.
I am working on a scientific document which unfortunately has a small financial section in the introduction.
I have a good idea what the phrase above means, i'm just not sure how you would say this using the terminology from the sector.
Proposed translations
(English)
Proposed translations
+2
2 hrs
James (Jim) Davis
Seychelles
Seychelles
Native in English
Specializes in field
Seychelles
25 years experience constantly improving
Native in: English (Variant: British) 
Works in: Italian to English
Related KudoZ points
:
1888
Selected
fully subscribed to its .... (option) quota
"fully subscribed to its 51.1% (option) quota."
This would seem to be a "rights issue" (in the form of warrants) where existing shareholders have the right to purchase first in proportion to the quota they already hold. The parent company already has 51.1% of the existing shares and has the "pre-emptive" option to purchase 51.1% of the new shares, before they are offered to other shareholders and/or the general public. The text says nothing about why it does this, but simply that it does.
This would seem to be a "rights issue" (in the form of warrants) where existing shareholders have the right to purchase first in proportion to the quota they already hold. The parent company already has 51.1% of the existing shares and has the "pre-emptive" option to purchase 51.1% of the new shares, before they are offered to other shareholders and/or the general public. The text says nothing about why it does this, but simply that it does.
Reference:
http://www.google.com/search?num=100&hl=en&safe=off&q=shares+%22subscribed++to%22+quota&btnG=Search
4 KudoZ points awarded for this answer.
Comment: "Many thanks to all who gave an answer or contribution."
+1
9 mins
Romina Minucci
Italy
Italy
Native in Italian
Works in field
Italy
*a real passion for translation*
Native in: Italian
Works in: English to Italian, Russian to Italian
Related KudoZ points
:
1
interely subscrives/underwrites his share
xxx interely subscrives/underwrites his share.
hope it helps
bye
--------------------------------------------------
Note added at 19 mins (2008-01-03 16:04:14 GMT)
--------------------------------------------------
SUBSCRIBES ... sorry
hope it helps
bye
--------------------------------------------------
Note added at 19 mins (2008-01-03 16:04:14 GMT)
--------------------------------------------------
SUBSCRIBES ... sorry
Peer comment(s):
| neutral |
Annalisa Distasi
: Non intervengo sulla traduzione perché non so se sia corretta o meno, ma "Interely" non è corretto in inglese. Casomai "entirely"...
13 mins
|
|
errore di battitura - entirely - grazie
|
|
| agree |
Luisa Fiorini
: entirely
23 mins
|
|
grazie
|
+2
32 mins
Iveta Ivanova
United Kingdom
United Kingdom
Native in English
Specializes in field
United Kingdom
Getting your message home
Native in: Bulgarian 
, English
Works in: Polish to English, Italian to English, Bulgarian to English, and 3 more.
fully subscribe for the new shares in order to keep its stake at
I understand it like this: If the company decides to hike its capital the XXX shareholder shall fully subscribe for the newly-issued shares in order to keep its controlling stake of 51.1%.
Discussion