Salama Cooperative Insurance Co. Announces the Results of Remaining Offering and the Allotment of Right Issues
| Element List | Explanation |
|---|---|
| Introduction | Salama Cooperative Insurance Company announces 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 934.34% , and the entire rump shares of 891,070 were sold fully. |
| Number of Sold Shares | 891070 |
| Total Proceeds of Selling Unsubscribed Shares | 16,468,802.40 Saudi riyal |
| Fractional Shares | None |
| Average Price of Sold Shares | 18.48 Saudi riyal |
| Net Compensation for Right Issues and Fraction Shares Owners | 7,558,102.40 Saudi riyal |
| Date of Depositing the Shares into Shareholders Accounts | 2023-12-04 Corresponding to 1445-05-20 |
| Additional Information | A number of (10,000,000) new shares were offered during the Rights Issue process for the Company’s Capital Increase.
Any questions or quires should be communicated to the Inventors Relations Department, during daily working hours from 8:00 am to 4:00 pm, through one of the following means:
0126845653 0126845627 0126845658 0126845681 Email: [email protected] |
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