Anaam pays SAR 42.26 mln compensation for unsubscribed rights shares

17/07/2022 Argaam
Logo of Anaam International Holding Group

Logo of Anaam International Holding Group

Anaam International Holding Group said that a total of SAR 42.26 million was distributed today, July 17, as compensation to rights holders, who did not exercise their rights to subscribe to the new shares.

 

The disbursement will be deposited in the bank accounts of eligible investors.

 

Anaam’s rights trading period ended on May 30, while subscription to new shares closed on June 2, according to Argaam's data.

 

Anaam aimed to raise its capital by 200% from SAR 105 million to SAR 315 million.

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