Ash Sharqiyah Development Company Announces the Results of Remaining Offering and the Allotment of Right Issues
| Element List | Explanation |
|---|---|
| Introduction | Ash Sharqiyah Development Company announce the results of the rump offering and the final allocation of Rights Issue shares. By the end of the rump offering period, the shares bid for amounted to 613.79% |
| Number of Sold Shares | 3087706 |
| Total Proceeds of Selling Unsubscribed Shares | 57371643 Saudi Riyals |
| Fractional Shares | None |
| Average Price of Sold Shares | 18.58 Saudi Riyals per share |
| Net Compensation for Right Issues and Fraction Shares Owners | 26494583 Saudi Riyals |
| Date of Depositing the Shares into Shareholders Accounts | 2023-06-04 Corresponding to 1444-11-15 |
| Additional Information | Any questions or quires should be communicated to Inventors Relations Department by calling: +966 13 8099439 ETX 44
Or by email info@asharqiyah.com.sa |
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