Item
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Explanation
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Rights issue and new shares subscription period start date
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11/05/1441, corresponding to 06/01/2020.
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Rights issue trading period end date
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18/05/1441, corresponding to 13/01/2020.
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New shares subscription period End Date
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21/05/1441, corresponding to 16/01/2020.
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Trading Rights issue and subscription to new shares
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Holders of rights issue are allowed to exercise their rights to subscribe in new shares (in full or in part) up to the number of rights issue available in their portfolios, trading in rights issue and subscription to new shares for registered shareholders and new investors shall be as per the prospectus.
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Details on the remaining Shares
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Regarding the details on remaining offering, Holders of rights issue are allowed to exercise their rights to subscribe in new shares (in full or in part) within the limit of the rights issue available in their portfolios. Trading Rights issue and subscription to new shares shall be in accordance with prospectus for the registered Shareholders and new Investors.
The Company would like to draw the attention of the Investors in the event that shares remain untraded, the remaining shares and their fractions (if any) shall be offered to Investors of organizational character as stipulated in the Prospectus.
“FALCOM Financial Services” as the Financial Adviser, Subscription Manager and the underwriting of the Offering Transaction, to carry out the underwriting in the Rights issue of Saudi Cable Company in case of incomplete subscription.
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Notification for Investors not willing to subscribe
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Attention of Investors not willing to subscribe are drawn to the importance to selling the rights issue they hold during the specified trading period to avoid the resulting decline in the value of their investment portfolios as a result of not benefiting from their rights, whether by way of sale or subscription.
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For daily fluctuations in Rights issue closing prices during Rights trading period
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For further details on the daily fluctuations in the Rights issue, please, visit Tadawul’s site on the following link:
https://www.tadawul.com.sa
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For the indicative value of the right
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For further details on the indicative value of the right, please, visit Tadawul’s site on the following link:
https://www.tadawul.com.sa
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For further details on the mechanism of Rights issue trading and subscription to new shares
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For further details on the new mechanism for trading, please, visit the following link:
https://www.tadawul.com.sa/wps/portal/tadawul/knowledge-center/about/tradable-rights
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For the Prospectus of Company’s capital increase through issuance of Rights issue
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For further details on the Prospectus of the Company’s capital increase through issuance of Rights issue, please, visit the following link:
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