‎Edaa deposits Retal’s subscribed securities as of late

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Logo of Retal Urban Construction Co.


The Securities Depository Center Co. (Edaa) deposited as of late, June 22, the subscribed securities of Retal Urban Construction Co. within the accounts of eligible shareholders, constant with a bourse submitting.

The firm equipped 12 million shares, representing 30% of its capital, of which 90% turned into distributed to participating events and 10% to retail investors, constant with data available on Argaam.

The subscription duration for the retail tranche ran from June 5 to 6. Retail investors absolutely subscribed to 1.2 million shares at SAR 120 each and every.

The retail providing turned into 8.88x covered, with at the least 5 shares distributed per retail subscriber.

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