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Anaam International Holding Group announced today, June 5, the results of right issue trading and new shares subscription, as well as the details of the unsubscribed shares sale.
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Subscription Details |
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Number of offered shares |
21 mln |
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Shares subscribed |
18.33 mln |
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Value of shares subscribed |
SAR 183.35 mln |
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Coverage |
87.31% |
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Shares remaining |
2.67 mln |
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Unsubscribed shares sale date |
June 7-8, 2022 |
Rump shares will be offered to a number of institutional investors, provided those institutions submit purchase offers for the rump shares, Anaam said in a statement to Tadawul.
Remaining shares will be allocated to institutional investors pro rata. Fractional shares, if any, will be added to the rump shares and treated similarly, the statement noted.
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