Brand of the Saudi Industrial Improvement Firm – Imagine
The corporate introduced Saudi Industrial Improvement “Sadq” The outcomes of the remaining providing and the allocation of rights shares, because the protection share on the finish of the remaining providing interval reached 479.65%.
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Particulars of the remaining providing:
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Variety of shares offered
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5.42 million shares
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The overall quantity returned from the sale of unsubscribed shares
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63.13 million riyals
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Protection ratio
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479.65%
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Fractional shares
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36841 shares
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The common promoting worth of the shares offered
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11.65 riyals
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The web quantity of compensation attributable to house owners of precedence rights and fractional shares
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8.92 million riyals
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The corporate stated in an announcement on Tadawul that it’ll obtain the full providing worth collected from the sale of the remaining shares, whereas the remaining proceeds (exceeding the providing worth) will probably be distributed to every of its beneficiaries based on what they deserve, no later than December 23, 2025.
In keeping with knowledge numbersNot too long ago, Sedq Firm introduced the small print of the method of promoting unsubscribed shares and the outcomes of buying and selling precedence rights and subscribing to new shares, as 11.08 million shares of the brand new shares provided had been subscribed out of a complete of about 16.5 million shares, with a protection price of roughly 67.2%.
The IPO goals to lift the corporate’s capital from 135 million riyals (13.5 million shares) to 300 million riyals (30 million shares), by 122.22%.
