‎ACWA Power rights trading ends today

‎ACWA Power rights trading ends today ‎ACWA Power rights trading ends today

​‎

Logo ofACWA Power

The rightstrading periodforACWA Powerends today, July 13, which will increase its capital from SAR 7.33 billion to SAR 7.66 billion.

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The subscription and rights trading period began on July 6, while the subscription period will continue until July 16.

Rightholders are entitled to subscribe, fully or partially, to the new shares within the limit of the rights held in their portfolios.

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Capital increase details

Current capital

SAR 7.32 bln

Number of shares

732.56 mln

Increase percentage

4.63%

Capital after increase

SAR 7.66 bln

Number of shares after increase

766.49 mln

Key information on rights issue

Number of shares offered

33.93 mln

Offering price

SAR 210/ share

Issue size

SAR 7.12 billion

Par value

SAR 10/ share

Entitlement ratio

Each listed shareholder shall have the right to subscribe to 0.0463 shares for each existing share

Record date

June 30, 2025 (Shareholders of record who are registered with Edaa by the end of the second trading day following the EGM)

Trading period

July 6-13, 2025

Subscription period

July 6-16, 2025

Reason for Capital Increase

To allow ACWA Power to anchor its growth strategy of tripling the assets under management by 2030 and enhance its financial position

Use of proceeds

Financing current and future projects

SAR 5.28 to 5.98 bln

Mergers and acquisitions

Up to SAR 1.41 bln

Business purposes

SAR 351 mln

Offering expenses

SAR 88.45 mln

Net proceeds

SAR 7.04 bln

Additional information

Item

Detail

Financial advisors

SNB Capital – JPMorgan Saudi Arabia – Citigroup Saudi Arabia

Lead manager

SNB Capital

Underwriters

SNB Capital – JPMorgan Saudi Arabia – Citigroup Saudi Arabia – BSF Capital – FAB Capital – Emirates NBD Capital Saudi – Natixis Saudi Investment

 

Logo ofACWA Power

The rightstrading periodforACWA Powerends today, July 13, which will increase its capital from SAR 7.33 billion to SAR 7.66 billion.

The subscription and rights trading period began on July 6, while the subscription period will continue until July 16.

Rightholders are entitled to subscribe, fully or partially, to the new shares within the limit of the rights held in their portfolios.

For More IPOs

Capital increase details

Current capital

SAR 7.32 bln

Number of shares

732.56 mln

Increase percentage

4.63%

Capital after increase

SAR 7.66 bln

Number of shares after increase

766.49 mln

Key information on rights issue

Number of shares offered

33.93 mln

Offering price

SAR 210/ share

Issue size

SAR 7.12 billion

Par value

SAR 10/ share

Entitlement ratio

Each listed shareholder shall have the right to subscribe to 0.0463 shares for each existing share

Record date

June 30, 2025 (Shareholders of record who are registered with Edaa by the end of the second trading day following the EGM)

Trading period

July 6-13, 2025

Subscription period

July 6-16, 2025

Reason for Capital Increase

To allow ACWA Power to anchor its growth strategy of tripling the assets under management by 2030 and enhance its financial position

Use of proceeds

Financing current and future projects

SAR 5.28 to 5.98 bln

Mergers and acquisitions

Up to SAR 1.41 bln

Business purposes

SAR 351 mln

Offering expenses

SAR 88.45 mln

Net proceeds

SAR 7.04 bln

Additional information

Item

Detail

Financial advisors

SNB Capital – JPMorgan Saudi Arabia – Citigroup Saudi Arabia

Lead manager

SNB Capital

Underwriters

SNB Capital – JPMorgan Saudi Arabia – Citigroup Saudi Arabia – BSF Capital – FAB Capital – Emirates NBD Capital Saudi – Natixis Saudi Investment

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