Tadawul deposits the new shares of Maaden’s IPO into shareholders’ portfolios
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Saudi Stock Exchange (Tadawul) announced depositing Saudi Arabian Mining Company’s new shares in the shareholders’ portfolios on Sunday 22/02/1436-14/12/2014, based on their allocation.
According to Argaam; the first and second subscription periods were 93.97% covered. The remaining 14.7m shares have been offered to Institutional Investors with a coverage ratio was 345%, and the average subscription price was SAR 28.21 per share.