The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (MEDGULF) announces the distribution of compensation to the Right Issues owners who did not use their Rights to subscribe to the New Shares.
| Element List | Explanation |
|---|---|
| Introduction | The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (Medgulf) is pleased to announces the distribution of the compensation amounts to the Rights Issue owners who did not exercise their rights to subscribe to the New Shares |
| Compensation Distribution Date for Eligible Investors Who Did not Exercise Their Right to Subscribe and Those Eligible for Fractions | 2021-12-19 Corresponding to 1443-05-15 |
| Total Amount to be Distributed to Eligible Persons Who Did not Exercise Their Subscription Right and Those Eligible for Fractions | 23,629,754.50 SR |
| Method of Receiving the Compensation by Eligible Investors Who Did not Exercise Their Subscription Right and Those Eligible for Fractions | The lead manager will deposit the amounts in the bank accounts of eligible investors who have not exercised their right to subscribe to new shares and those entitled to fraction. As for the eligible investors whose bank account data is not available or incomplete, they can contact Investor Relations Department via:
Tel: 0114055550 Ext (1277) Email: [email protected] |
| Name and Contact Information of the Entity in Charge of Deposit | For more information, please contact the Shareholders Relations Department by phone at the number: 0114055550 Ext (1277) during the company's official business hours, from Sunday to Thursday. Or via email to [email protected] |
| Additional Information | NA |
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