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Riyad REIT Fund — Capital/Financing Update 2018
Mar 26, 2018
53442_rns_2018-03-26_82d8aa45-cdeb-4679-a4df-70b08433ab69.html
Capital/Financing Update
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Riyad Capital announces the subscription period for Riyad REIT capital increase next Sunday April 1st 2018
4330 · 26/03/2018 08:28:10 · Announcement #49836 · View on Saudi Exchange
Riyad Capital announces the subscription period for Riyad REIT capital increase next Sunday April 1st 2018
4330
RIYAD REIT
-2.71 %
1439/07/09 26/03/2018 08:28:10
Riyad Capital announces the subscription period for Riyad REIT Capital Increase offering as of Sunday, 15 Rajab 1439H corresponding to 1 April 2018 and until Thursday, 26 Rajab 1439H corresponding to 12 April 2018
Participation in the capital increase will be available to all investors, whether current unit holders (see the allocation mechanism in terms and conditions) or other investors.
The subscription will be available through Riyad Bank, National Commercial Bank, Al Rajhi Bank, Banque Saudi Fransi and Riyad Capital, with a minimum subscription of 50 units at a price of SAR 9.31 per unit, totaling SAR 465.5.
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.