SIDC sets period for rights trading, new share subscription

10/11/2025 Argaam

Saudi Industrial Development Co. (SIDC) announced setting the period of its rights issue trading and subscription to new shares.
 

The company said the period of its rights issue trading will commence on Nov. 12 and end on Nov. 19, 2025. Meanwhile, the subscription will start on Nov. 12 and run until Nov. 24, 2025.
 

A total of 16.5 million new shares will be offered at SAR 10 each, through a rights issue aimed at increasing the company’s capital by approximately 122.2%, bringing it to SAR 300 million, divided into 30 million shares.
 

According to the final prospectus, eligible shareholders have the right to exercise their rights electronically through the online platforms of their respective brokers.

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