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Ash Sharqiyah Development Company Announces the Results of Remaining Offering and the Allotment of Right Issues
6060
SHARQIYAH DEV
4.66
%
1444/11/12 01/06/2023 09:51:02
| 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 |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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