|Al Kathiri Holding Co. Announces the Results of Right Issues Trading and New Shares Subscription, and the details of Selling Unsubscribed Shares, as follows:
|Total Number of Subscribed Shares out of the total Number of New Offered Shares
|(4,450,788) shares of the new offered shares were subscribed out of the total number (4,520,880) shares
|Value of the Subscribed Shares
|Coverage Percentage out of Total New Offered Shares (%)
|Remaining Offering Mechanism
|The remaining shares will be offered to a number of institutional investors, provided that these institutions submit purchase offers for the remaining shares, and the remaining shares will be allocated to the investment institutions by giving priority to the highest bid, then the lowest and the lowest (provided that it is not less than the offering price), provided that the allocation is made. Shares are proportional to institutional investors that make the same offer. In the event that there are shares not purchased by the investment institutions, these shares will be allocated to the underwriter who will purchase them at the offering price.
|Remaining Offering Start Date
|2020-10-27 Corresponding to 1442-03-10
|Remaining Offering End Date
|2020-10-28 Corresponding to 1442-03-11
|Specification of the Remaining Offering Period Hours
|The remaining offering period for shares that have not been subscribed for, amounting to (70,092) shares, starts from 10:00 AM on Tuesday 10-03-1442 H corresponding to 27-10-2020 AD and continues until 5:00 PM on Wednesday, on 11-03-1442 H corresponding to 28-10-2020 AD.
|There is no