Edaa deposits Lazurde’s tradable rights today

07/06/2021 Argaam

A branch of Lazurde Company for Jewelry

The Securities Depository Center Co. (Edaa) deposits today, June 7, 2021, Lazurde Company for Jewelry’s tradable rights into the accounts of eligible securities’ holders.

 

Last week, Lazurde’s shareholders approved the board of directors’ recommendation to increase capital to SAR 575 million through a rights issue worth SAR 145 million, Argaam reported.

 

Trading period for rights issue and subscription for new shares will begin today. Rights issue trading period will end on June 14, while subscription for new shares will go on till June 17.

 

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