AYYAN Investment Company announces the Submission of the application file to Capital Market Authority for the increase of the company’s capital by offering rights issue.
| Element List | Explanation |
|---|---|
| Introduction | With reference to AYYAN Investment Company announcement dated 12-02-1445 AH corresponding to 28-08-2023 AD related to the Board of Directors’ recommendation to increase the Company’s capital by offering rights issue at a value of Saudi Riyals two hundred million (SAR 200,000,000) , conditional on obtaining the approval of the relevant official authorities and the extraordinary general assembly.
AYYAN Investment Company announces its submission on Thursday 08-06-1445 AH corresponding to 21-12-2023 AD the application file for increasing the company’s capital by offering right issues to the Capital Market Authority.
It is worth mentioning that Alinma Investment Company was appointed on 12-02-1445 AH corresponding to 28-08-2023 AD as a Financial Advisor to manage the Capital increase file.
. |
| Date of Submitting the Application File to CMA | 2023-12-21 Corresponding to 1445-06-08 |
| Application Subject | Capital increase by way of rights issue of a total amount of Saudi Riyals two hundred million (SAR 200,000,000) |
| Date of Announcing Board Recommendation to Increase the Company's Capital on Tadawul's Website | 2023-08-28 Corresponding to 1445-02-12 |
| Additional Information | The Company will Announce any future developments in this regard in due course.
In case of any inquiries, please contact the shareholders affairs dept. at 013-8822130, or via e-mail: [email protected] |
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