Sep 30, 2021 22:30
2 yrs ago
30 viewers *
German term

nachzeichnen

German to English Bus/Financial Finance (general) Shares
"Während Patente und Lizenzen in St. L. verblieben sind, durften die Aktionäre nachzeichnen, nachdem sie der Übernahme von X zugestimmt hatten, damit die Banken zufriedengestellt waren."

I'd be extremely grateful if anyone could tell me what "nachzeichnen" means in this sentence.

Proposed translations

+3
1 hr
Selected

subscribe to additional shares

nachzeichnen
nach||zeich|nen 〈V. tr.; hat〉
1. etwas \nachzeichnen abzeichnen, nach einer (bereits gezeichneten) Vorlage zeichnen
2. eine Anleihe \nachzeichnen nachträglich zeichnen

https://universal_lexikon.de-academic.com/106367/nachzeichne...

Peer comment(s):

agree Steve Robbie : For the UK: "subscribe for additional shares"
7 hrs
Sure- thanks Steve!
agree writeaway
9 hrs
Thank you, writeaway!
agree AllegroTrans
11 hrs
Thanks, AllegroTrans
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Many thanks to all of you for your answers."
15 mins

re-subscribe

While patents and licences in St L remained in force, shareholders were allowed to re-subscribe after agreeing to take over X so that the banks were satisfied.
Peer comment(s):

agree David Rezayee
5 hrs
Thank you!
neutral Steve Robbie : I think Adrian may be right when he suggests that this isn't quite clear enough.
8 hrs
Yep, thanks.
disagree Cilian O'Tuama : Come on, even more DeepL! You think no one notices? Are you sure it's the shareholders who take over ...? But feel free to hide, again.
1 day 5 hrs
People are free to make whatever assumptions they like, Lillian
neutral Adrian MM. : resubscribe is ambiguous and could mean for re-issued shares or debentures / bonds : 'eine Anleihe \nachzeichnen nachträglich zeichnen' as you, like me in the co. dept. of a City law firm - might recall from the prof. drafting of debenture trust deeds.
1 day 19 hrs
You have a point
neutral AllegroTrans : DeepL, wow
1 day 22 hrs
???
Something went wrong...
+1
1 hr

top up

Dr. Johanna has already pre-empted my subscription or application for additional or extra shares, so I have to adjust my answer accordingly.

I stand corrected, but resubscribe looks to me like applying for the same shares or stocks bought back at a later date from the target company.

I am also unsure about duplicates being issued as scrip.

Confidence in descending order of 4-3-2
Example sentence:

In business, a top-up is a stock option that enables shareholders to increase their stock ownership. A top-up option is typically granted to facilitate a merger or acquisition.

Peer comment(s):

neutral Andrew Bramhall : Don't think your understanding of ' re-subscribe' is correct, and don't see any obvious link to mergers and acquisitions in support of your answer;
10 hrs
I don't understand your point: '...nachdem sie der Übernahme > acquisition or take-over < von X zugestimmt' + A top-up option is typically granted to facilitate a merger or acquisition.
agree AllegroTrans : Yes, vernacular form of Johanna's answer, suitable register for asker's text
11 hrs
Thanks, Chris.
Something went wrong...
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