Shatirah House Restaurant Co. (Burgerizzr) completed, on Aug. 2, depositing around SAR 14,350 proceeds from the sale of fractional shares in the accounts of eligible shareholders, according to a bourse statement.
The company sold 125 shares at an average price of SAR 115 each.
Burgerizzr shareholders approved, on June 30, the board’s recommendation to increase capital by 40% via a bonus issue at two shares for every five shares held, according to Argaam.
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