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Etihad GO Telecom Co. — Capital/Financing Update 2021
Dec 28, 2021
53483_rns_2021-12-28_111d287a-5d4f-41a1-b6eb-d5c051b5c8a8.html
Capital/Financing Update
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Etihad Atheeb Telecommunication Co. (GO) Announces the Submission of the Increase of the Company’s Capital by Offering Right Issues Application File to the CMA
7040 · 28/12/2021 15:24:33 · Announcement #66102 · View on Saudi Exchange
Etihad Atheeb Telecommunication Co. (GO) Announces the Submission of the Increase of the Company’s Capital by Offering Right Issues Application File to the CMA
| Element List | Explanation |
|---|---|
| Introduction | Further to the company’s Announcement on Tadawul website on 20/12/2021 regarding the Board of Directors’ Recommendation to increase the Company's Capital by the offering rights issue. |
Etihad Atheeb Telecommunication Co. (GO) wishes to inform its shareholders that it has submitted the application file to increase the capital via rights issue offering for approval to the CMA on Tuesday 24/05/1443 corresponding to 28/12/2021 Date of Submitting the Application File to CMA 2021-12-28 Corresponding to 1443-05-24 Application Subject Increasing the Company's capital by offering rights issues shares amounting (350,000,000) Saudi Riyals. Date of Announcing Board Recommendation to Increase the Company's Capital on Tadawul's Website 2021-12-20 Corresponding to 1443-05-16 Additional Information The capital increase is subject to the applicable regulatory approvals, including the approval of the Company’s extraordinary general assembly.
The Company will announce any material developments as required by applicable rules.
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.