‎Saudi Enaya’s rights procuring and selling duration ends as of late

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Saudi Enaya’s rights trading period ends today

Logo of Saudi Enaya Cooperative Insurance Co.


Saudi Enaya Cooperative Insurance Co.’s rights procuring and selling duration ends as of late, Nov. 17.

Rights procuring and selling duration started on Nov. 10 to enlarge the firm’s capital from SAR 100 million to SAR 230 million.

Subscription duration, which furthermore started on Nov. 10, will proceed until Nov. 22.

Rights remark holders are allowed to state their actual to subscribe to unique shares (in stout or in share) as much as the option of shares on hand in their portfolios.

Capital Find bigger Slight print

Most up-to-date capital

SAR 100 mln

Probability of shares

10 mln

Capital enlarge (%)

130%

Capital after enlarge

SAR 230 mln

Probability of shares after enlarge

23 mln

Key Highlights of Rights Self-discipline

Probability of Supplied Shares

13 mln

Offering Impress

SAR 10/share

Offering Dimension

SAR 130 mln

Eligibility Ratio

Neutral about 1.3 rights for every share

Document Date

Shareholders of legend on Nov. 6 and people registered with Edaa on the 2d procuring and selling day following the extraordinary overall assembly (EGM) date

Proceeds

Bank deposits

SAR 53.8  mln

Funding funds

SAR 26.9  mln

Bonds and sukuk

SAR 26.9  mln

Statutory deposit

SAR 12.0 mln

Offering price

SAR 10.4 mln

Total

SAR 130 mln