IssuerAnnouncementDetailsV2Portlet
AYYAN Investment Company Announces the Results of Rump Offering and the Allocation of the Right Issue Shares.
Element List | Explanation |
---|---|
Introduction | AYYAN Investment Company (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 (648.28%). |
Number of Sold Shares | 3042221 |
Total Proceeds of Selling Unsubscribed Shares | SAR (47,124,976.27) |
Fractional Shares | (10,076) Shares |
Average Price of Sold Shares | SAR (15.49) |
Net Compensation for Right Issues and Fraction Shares Owners | SAR (16,702,766.27) |
Date of Depositing the Shares into Shareholders Accounts | 2024-08-06 Corresponding to 1446-02-02 |
Additional Information | - A number of (20,000,000) new shares offered during the Rights Issue process for the Company’s Capital Increase. - A number of (16,957,779) shares were covered during the Trading and Subscription period. - 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 18/02/1446H. (corresponding to 22/08/2024G). In the event of any inquiries, kindly contact the Shareholder Relations Department on Tel.: 013-8822130 or by e-mail: share@ayyan.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.