Logo ofSaudi Industrial Development Co. (SIDC)
Saudi Industrial Development Co. (SIDC) announced the results of the rump offering and allocation of rights issue shares, with the rump tranche oversubscribed by 479.65% at the end of the subscription period, according to a statement. 
Rump Offering Coverage Details
Number of Shares Sold
5.42 mln
Total Rump Offering Proceeds
SAR 63.13 mln
Coverage Ratio (%)
479.65%
Fractional Shares
36841 shares
Average Price
SAR 11.65
Net Compensation for Holders of Rights Fractional Shares
SAR 8.92 mln
The company will receive the aggregate offer price collected from the rump offering, while the proceeds exceeding the offer price, if any, will be distributed to those entitled to them not later than Dec. 23, 2025.
Logo ofSaudi Industrial Development Co. (SIDC)
Saudi Industrial Development Co. (SIDC) announced the results of the rump offering and allocation of rights issue shares, with the rump tranche oversubscribed by 479.65% at the end of the subscription period, according to a statement.
Rump Offering Coverage Details
Number of Shares Sold
5.42 mln
Total Rump Offering Proceeds
SAR 63.13 mln
Coverage Ratio (%)
479.65%
Fractional Shares
36841 shares
Average Price
SAR 11.65
Net Compensation for Holders of Rights Fractional Shares
SAR 8.92 mln
The company will receive the aggregate offer price collected from the rump offering, while the proceeds exceeding the offer price, if any, will be distributed to those entitled to them not later than Dec. 23, 2025.
