IssuerAnnouncementDetailsV2Portlet
AYYAN Investment Company Announces the Distribution of Compensation amount to Right Issues Owners who did not Use their Rights to Subscribe to New Shares
Element List | Explanation |
---|---|
Introduction | AYYAN Investment Company (the “Company”) announces the distribution of the compensation amounts to holders of rights issue who have not exercised their right to subscribe to the new shares. |
Compensation Distribution Date for Eligible Investors Who Did not Exercise Their Right to Subscribe and Those Eligible for Fractions | 2024-08-22 Corresponding to 1446-02-18 |
Total Amount to be Distributed to Eligible Persons Who Did not Exercise Their Subscription Right and Those Eligible for Fractions | SAR (16,702,766.27) |
Method of Receiving the Compensation by Eligible Investors Who Did not Exercise Their Subscription Right and Those Eligible for Fractions | Ayyan Investment Company has deposited the amounts in the bank accounts of eligible investors who have not exercised their right to subscribe to new shares and those entitled to fractional shares. The company has a number of (527,086) share certificates which were not part of investment portfolios registered with brokers and the Securities Depository Center Company before the trading and subscription period, and the company was unable to transfer the compensation amount to the holders of those certificates. Eligible investors whose bank account data is not available or incomplete or share certificate holders, contact the Shareholder Relations Department on Tel.: 013-8822130 or by e-mail: share@ayyan.com.sa |
Name and Contact Information of the Entity in Charge of Deposit | 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.