Logo ofACWA Power Co.
The Securities Depository Center Co. (Edaa) deposited, today, July 30, ACWA Power Co.’s subscribed securities into the accounts of eligible shareholders, according to a statement to Tadawul.
As many as 32.65 million new shares were subscribed to, out of nearly 33.93 million shares, with 96.2% coverage, while the remaining offering was 592% oversubscribed.
The company offered 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).
Logo ofACWA Power Co.
The Securities Depository Center Co. (Edaa) deposited, today, July 30, ACWA Power Co.’s subscribed securities into the accounts of eligible shareholders, according to a statement to Tadawul.
As many as 32.65 million new shares were subscribed to, out of nearly 33.93 million shares, with 96.2% coverage, while the remaining offering was 592% oversubscribed.
The company offered 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).
