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Raydan Food Co. — Capital/Financing Update 2021
Aug 29, 2021
53466_rns_2021-08-29_74813670-b3b9-4d35-a0ba-a7041c5a510e.html
Capital/Financing Update
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Raydan Food Co. Announces the Results of Remaining Offering and the Allotment of Right Issues
6012 · 29/08/2021 09:37:56 · Announcement #64745 · View on Saudi Exchange
Raydan Food Co. Announces the Results of Remaining Offering and the Allotment of Right Issues
| Element List | Explanation |
|---|---|
| Introduction | Raydan Food Company announce the results of the rump offering and the final allocation of Rights Issue shares. By the end of the rump offering period, the shares bid for amounted to 1822.3%. |
| Number of Sold Shares | 307781 |
| Total Proceeds of Selling Unsubscribed Shares | 8,338,160.6 SAR |
| Average Price of Sold Shares | 27.09 Saudi Riyals per share |
| Net Compensation for Right Issues and Fraction Shares Owners | 5,260,350.6 Saudi Riyals |
| Date of Depositing the Shares into Shareholders Accounts | 2021-09-02 Corresponding to 1443-01-25 |
| Additional Information | In case of inquiries we hope to communicate with Investor Relations during daily working hours from 08:00 am to 05:00 pm through one of the following means. |
Tel: +966 12 6781177
Email: [email protected]
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.