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Savola Group — Capital/Financing Update 2024
Aug 29, 2024
53290_rns_2024-08-29_53a67d9b-7bb2-4a64-9a13-5bda356f55bb.html
Capital/Financing Update
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The Savola Group announces the starting period of the rights issue trading and new shares subscription (Reminder)
2050 · 29/08/2024 08:32:46 · Announcement #82297 · View on Saudi Exchange
The Savola Group announces the starting period of the rights issue trading and new shares subscription (Reminder)
| Element List | Explanation |
|---|---|
| Introduction | Savola Group (SAVOLA) announces the starting period of the rights issue trading and subscription in the new shares (Reminder). |
| Right Issuses and New Shares Subscription Period Start Date | 2024-08-29 Corresponding to 1446-02-25 |
| Right Issues Trading Period End Date | 2024-09-05 Corresponding to 1446-03-02 |
| Subscription in New Shares Period End Date | 2024-09-10 Corresponding to 1446-03-07 |
| Additional Information | Eligible shareholders are those who own shares at the end of the trading day of the Extraordinary General Assembly and whose names appear in the Company’s shareholders register with the Securities Depository Center Company (Edaa) at the end of the second trading day following the day of the Extraordinary General Assembly which was held on 25/8/2024. |
The Company would like to stress the importance of the shareholders and other general investors who wish to trade in the rights or subscribe in the new shares to contact their respective financial brokers to know the hours during which they may submit orders to trade in the rights and subscribe in the new shares.
Investors who do not wish to subscribe should note the importance of selling their rights during the trading period; as not to be exposed to a loss in the value of their investment portfolios as a result of not benefiting from their rights by sale or subscription.
A copy of the final prospectus may be obtained through the following link:
https://cma.org.sa/en/Market/Prospectuses/Documents/Savola_En.pdf
The Company would like to stress the importance of reviewing the prospectus carefully and in full before making any investment decision in relation to the rights or the new shares.
For enquiries, please contact investor relations through telephone number: +966 (12) 268 7755 or 7733, fax number: Fax: +966 (12) 2687828, or the following email address: [Email: [email protected] or 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.