Edaa increases number of Ataa shares in eligible shareholders’ accounts

21/07/2022 Argaam

Logo of Ataa Educational Co. 

The Securities Depository Center Co. (Edaa) increased today, July 21, the number of shares of Ataa Educational Co. in the accounts of eligible shareholders.

 

In June, Ataa's shareholders gave the go-ahead for increasing the company’s capital by issuing 2.09 million new shares to acquire Naba'a Educational Co., according to a bourse filing.

 

Capital Increase Highlights

Current Capital

SAR 400 mln

Number of Shares

40 mln

Number of New Shares

2.09 mln

Increase Percentage

5.2%

New Capital

SAR 420.87 mln

Shares after Increase

42.09 mln

Reason

Issuing shares in favor of Naba’a shareholders in return for transferring all shares of Naba’a to Arabian Education and Training Group Holding, a wholly-owned subsidiary of Ataa.  

Method

Issuing new shares

New Shares to Capital

4.96%
 

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read