Logo of Savola Group
The Securities Depository Center Co. (Edaa) deposited today, Aug. 28, Savola Group’s subscribed shares into the accounts of eligible shareholders.
Savola’s shareholders approved increasing capital by way of a SAR 6 billion rights issue on Aug. 25, Argaam earlier reported.
Subscription to new shares and rights trading will begin on Aug. 29. The rights trading period will end on Sept. 5, while the subscription process will close on Sept. 10.
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