ACWA Power Building
ACWA Power Co. announced the results of the rump offering and allocation of rights issue shares, with the rump tranche oversubscribed by 592% at the end of the subscription period, according to a statement. 
Rump Offering Coverage Details
Item
Value
Number of rump shares sold
1.28 mln
Gross proceeds from rump share sale
SAR 282.55 mln
Coverage ratio
592%
Share fractions
52,160 shares
Avg. Sale Price
SAR 221.54
Net compensation
SAR 14.71 mln
Deposit Date
July 30, 2025
ACWA Power announced that it would receive the total proceeds from the rump share sale, while the surplus over the offer price will be distributed to entitled shareholders by Aug. 5.
The company recently completed its rights trading and subscription period, during which 32.65 million shares were subscribed out of 33.93 million offered, representing a 96.2% subscription rate.
The subscription period began on July 6, offering 33.93 million ordinary shares at SAR 210 each, as part of a SAR 7.13 billion rights issue.
The capital increase will raise ACWA Power’s capital by 4.63%, from SAR 7.32 billion (732.56 million shares) to SAR 7.66 billion (766.49 million shares).
ACWA Power Building
ACWA Power Co. announced the results of the rump offering and allocation of rights issue shares, with the rump tranche oversubscribed by 592% at the end of the subscription period, according to a statement.
Rump Offering Coverage Details
Item
Value
Number of rump shares sold
1.28 mln
Gross proceeds from rump share sale
SAR 282.55 mln
Coverage ratio
592%
Share fractions
52,160 shares
Avg. Sale Price
SAR 221.54
Net compensation
SAR 14.71 mln
Deposit Date
July 30, 2025
ACWA Power announced that it would receive the total proceeds from the rump share sale, while the surplus over the offer price will be distributed to entitled shareholders by Aug. 5.
The company recently completed its rights trading and subscription period, during which 32.65 million shares were subscribed out of 33.93 million offered, representing a 96.2% subscription rate.
The subscription period began on July 6, offering 33.93 million ordinary shares at SAR 210 each, as part of a SAR 7.13 billion rights issue.
The capital increase will raise ACWA Power’s capital by 4.63%, from SAR 7.32 billion (732.56 million shares) to SAR 7.66 billion (766.49 million shares).
