Farm Superstores Extraordinary General Assembly approved 40 % capital raise (from SAR 250m to SAR 350m).
The Capital raise is to take place by issuing 2 bonus shares to each 5 shares owned by registered shareholders.
By this issuance the number of outstanding shares will increase from 25 mn shares to 35 mn.
Capital raise details |
|
SAR 250 mn |
Current capital |
25 mn shares |
Number of shares |
40% ( 2 for every 5 shares) |
Capital raise (%) |
SAR 350 mn |
New capital |
35 mn shares |
# of Shares after raise |
October, 16, 2014 |
Record date |
Comments
{{DisplayName}}
{{ElapsedTime}}