Takween Advanced Industries Co. Announces the Results of Remaining Offering and the Allotment of Right Issues

Takween Advanced Industries Co. Announces the Results of Remaining Offering and the Allotment of Right Issues

Element List

Explanation

Introduction

Takween Advanced Industries Company announces the rump offering and the final allocation of Rights Issue shares. By the end of the rump offering period, the shares bid for amounted to 280.61%.

Number of Sold Shares

6789827

Total Proceeds of Selling Unsubscribed Shares

76,804,318.14 Saudi Riyals

Fractional Shares

11,684

Average Price of Sold Shares

11.31 SAR Per Share

Net Compensation for Right Issues and Fraction Shares Owners

8,906,048.14 SAR

Date of Depositing the Shares into Shareholders Accounts

2024-03-14 Corresponding to 1445-09-04

Additional Information

The Company will receive the aggregate offer price collected from the rump offering. The remaining proceeds exceeding the offer price, if any, will be distributed to those entitled to it at latest on Monday 06/10/1445H corresponding to 15/04/2023G Any questions or quires should be communicated to Inventors Relations Department by calling: 0138534325 Or by email : [email protected]

Takween Advanced Industries Co. Announces the Results of Remaining Offering and the Allotment of Right Issues