Edaa deposits Anaam Holding’s subscribed securities into shareholders’ portfolios today

02/12/2020 Argaam

The Securities Depository Center Co. (Edaa) deposits today, Dec. 2, the subscribed securities of Anaam International Holding Group to the accounts of eligible securities' holders.

 

According to the data available with Argaam, Anaam Holding offered 9 million shares of rights issue at SAR 10 per share, with a total value of SAR 90 million, in order to increase the company's capital to SAR 105 million from SAR 15 million.

 

The rights issue shares were 89.1% subscribed through subscription of 8.02 million shares, while the coverage ratio for the remaining offering was 242.7%.

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