The authority said in a statement today, Tuesday, that the shareholders registered in the issuer's shareholders ’register at the Deposit Center at the end of the second trading day following the date of the general meeting that decided to increase the header’s right. The money through a rights issue offering, which the company’s board of directors will determine its history at a later time.
The offering price and the number of shares offered for subscription by the company will be determined after the end of trading on the day of the extraordinary general assembly meeting.
After studying the request from the authority in the light of the regulatory requirements and the quantitative and qualitative standards applied to all companies applying for an increase in their capital, the Capital Market Authority issued its decision containing approval of a request The company described above will publish a Priority Rights Issue prospectus and make it available to the public at a later time.
The investment decision based on announcing the news of the company’s capital increase, whether the announcement is a recommendation from the company’s board of directors or in the form of approval by the authority on the special prospectus Increasing the capital by offering priority rights shares, without looking at the prospectus and examining its content, may pose a high risk.
So the investor should view the prospectus, which contains detailed information about the company, the offering and the risk factors, and study it carefully to estimate the feasibility of investing in the offering or not in light of the risks Accompanying, and if the contents of the prospectus cannot be understood, it is preferable to consult a licensed financial advisor.
The Authority’s approval of the prospectus should not be seen as an endorsement of the feasibility of investing in the offering or in the shares of the company in question, since the Commission’s decision to agree to the prospectus It means that the regulatory requirements have been complied with according to the Capital Market Law and its implementing regulations.
