ACWA Power pays SAR 14.71M compensation for unsubscribed rights issue shares

05/08/2025 Argaam
ACWA Power Co. headquarters

ACWA Power Co. headquarters

ACWA Power Co. started today, Aug. 5, paying out SAR 14.71 million in compensation to rights issue holders who did not exercise their right to subscribe to the newly-issued shares, in addition to those entitled to fractional shares.

 

In a statement to Tadawul, the company said it will deposit the amounts in the bank accounts of eligible investors.

 

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As for eligible investors whose bank account data is unavailable or incomplete, they can contact the company’s investor relations via the email stated in the bourse disclosure, it added.

 

ACWA Power also stated that it collected the entire proceeds from the sale of unsubscribed shares. The remaining proceeds exceeding the offer price will be distributed to those entitled to it today.

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