IssuerAnnouncementDetailsV2Portlet
ACWA Power Company announces the Results of the Rump Offering and the Final Allocation of the Rights Issue Shares
| Element List | Explanation |
|---|---|
| Introduction | ACWA Power (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 592%. |
| Number of Sold Shares | 1275396 |
| Total Proceeds of Selling Unsubscribed Shares | 282,546,070 Saudi Riyals |
| Fractional Shares | 52,155 shares |
| Average Price of Sold Shares | 221.54 Saudi Riyals |
| Net Compensation for Right Issues and Fraction Shares Owners | 14,712,910 Saudi Riyals |
| Date of Depositing the Shares into Shareholders Accounts | 2025-07-30 Corresponding to 1447-02-05 |
| Additional Information | The Company will receive the aggregate offer price collected from the rump offering. The remaining proceeds exceeding the offer price, will be distributed to those entitled to it at latest on Tuesday dated 11/02/1447H (corresponding to 05/08/2025G). For enquiries, please contact Investor Relations through the following email address: ir@acwapower.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.