Etihad Atheeb Telecommunication Co. (GO) Announces the Results of Remaining Offering and the Allotment of Right Issues
| Element List | Explanation |
|---|---|
| Introduction | Etihad Atheeb Telecommunication Co. (GO) (the “Company”) announces the results of the rump offering and the final allocation of the rights issue shares. By the end of the rump offering period, the shares bid amounted to 567.25%
The entire remaining shares of 876,601 shares, inclusive of fractional shares, were fully sold. |
| Number of Sold Shares | 876601 |
| Total Proceeds of Selling Unsubscribed Shares | SAR 76,159,033.75 |
| Fractional Shares | 11,258 share |
| Average Price of Sold Shares | SAR 86.88 |
| Net Compensation for Right Issues and Fraction Shares Owners | SAR 67,393,023.75 |
| Date of Depositing the Shares into Shareholders Accounts | 2024-03-07 Corresponding to 1445-08-26 |
| Additional Information | • Number of (25,000,000) new shares offered during the Rights Issue process for the Company’s Capital Increase.
• Number of (24,123,399) shares were covered during the Trading and Subscription period.
In the event of any inquiries, we hope to contact the Investor Relations Department during official working hours:
Tel: 0115111100
Mobile No: 0547478233
Fax No: 08111467100
E-Mail: investor.relation@go.com.sa |
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