Al Sorayai Trading and Industrial Group Announces the Specification of the Period for Right Issues Trading and New Shares Subscription
Element List | Explanation |
---|---|
Introduction | No English translation, kindly refer to the Arabic version |
Right Issuses and New Shares Subscription Period Start Date | 2020-01-27 Corresponding to 1441-06-02 |
Right Issues Trading Period End Date | 2020-02-03 Corresponding to 1441-06-09 |
New Shares Subscription Period End Date | 2020-02-06 Corresponding to 1441-06-12 |
Trading Right Issues and Subscription to New Shares | Holders of right Issues are allowed to exercise their right to subscribe in new shares (in full or in part) up to the number of right issues available in their portfolios, trading in right issues and subscription to new shares for registered shareholders and new investors shall be as per the prospectus |
Details on Remaining Offering | No English translation, kindly refer to the Arabic version |
Notification for Investors not Willing to Subscribe | Attention of Investors not willing to subscribe is drawn to the importance of selling the righ issues they hold during the specified trading period to avoid the resulting decline in the value of their investment portfolios as a result of not benefiting from their rights, whether by way of sale or subscription |
For Daily Fluctuation in Right Issues Closing Prices during Rights Trading Period | No English translation, kindly refer to the Arabic version |
For the Indicative Value of the Right | No English translation, kindly refer to the Arabic version |
For Further Details on the Mechanism of Right Issues Trading and Subscription to New Shares | No English translation, kindly refer to the Arabic version |
For the Prospectus of Company’s Capital Increase through the Issuance of Right Issues | No English translation, kindly refer to the Arabic version |
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