Saudi Paper Manufacturing Co. (SPM) announced that the rump offering was 381.48% oversubscribed, according to a statement to Tadawul.
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Offering Details |
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Number of Shares Sold |
1.079 mln |
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Total Proceeds from Selling Rump Shares |
SAR 25.538 mln |
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Coverage Ratio (%) |
381.48% |
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Average Selling Price per Share |
SAR 23.67 |
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SAR 14.747 mln |
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Date of Depositing Shares in Shareholders Accounts |
Nov. 16, 2022 |
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