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Almasane Alkobra Mining Company (AMAK) announces the submission of an application file to increase its capital by offering rights issue to the Capital Market Authority
1322
AMAK
-0.95
%
1447/12/04 21/05/2026 15:43:59
| Element List | Explanation |
|---|---|
| Introduction | With reference to Almasane Alkobra Mining Company (AMAK) (the “Company”) announcement published on the Saudi Stock Exchange's website (Tadawul) 28/08/1447 AH, corresponding to 16/02/2026 AD regarding the board of directors' recommendation to increase the Company's capital through offering rights issue shares for a total offering value of SAR 680 million, the Company would like to announce the submission of the application file to the Capital Market Authority regarding the increase of its capital through offering rights issue shares on 04/12/1447 AH corresponding to 21/05/2026 AD. |
| Date of Submitting the Application File to CMA | 2026-05-21 Corresponding to 1447-12-04 |
| Application Subject | The increase of the Company's capital through offering rights issue shares with a total offering value of SAR 680 million |
| Date of Announcing Board Recommendation to Increase the Company’s Capital by offering rights issue on Saudi Exchange’s Website | 2026-02-16 Corresponding to 1447-08-28 |
| Additional Information | The Company will announce any future developments in this regard in due course. |
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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Last Price 68.0
Net Change -0.65 (-0.95%)
Value Traded (Sar) 10,502,549.85
Volume Traded 153,997
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