Saudi Arabian Amiantit Co. Announces the Results of Remaining Offering and the Allotment of Right Issues
| Element List | Explanation |
|---|---|
| Introduction | Saudi Arabian Amiantit Company announces 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 556.15% |
| Number of Sold Shares | 2871530 |
| Total Proceeds of Selling Unsubscribed Shares | 69,733,785.4 Saudi Riyals |
| Fractional Shares | 2,184 Share |
| Average Price of Sold Shares | 24.28 SAR Per Share |
| Net Compensation for Right Issues and Fraction Shares Owners | 41,018,485.4 SAR |
| Date of Depositing the Shares into Shareholders Accounts | 2024-03-21 Corresponding to 1445-09-11 |
| Additional Information | The Company will receive the aggregate offer price collected from the rump offering. The remaining proceeds exceeding the offer price, if any, will be distributed to those entitled to it at latest on Thursday 09/10/1445H corresponding to 18/04/2023G
Any questions or quires should be communicated to Inventors Relations Department by:
Tel: 013-8471500 Extn. 1117
Or by email: [email protected] |
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