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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: wkishk@amiantit.com |
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.
Share
Company Performance
Key Parameters
Last Price 13.6
Net Change 0.12 (+0.89%)
Value Traded (Sar) 3,776,170.7
Volume Traded 277,380
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