Rights 'issue saw a 17% oversubscription in the 452,748,662 new ordinary shares that were on offer, raising around KD 95.08 million (USD 309 million) in equity and representing an approximate 29.3% raise on KIPCO's former issued share
Under the transaction, SHUAA will issue 1.47 billion new SHUAA shares to ADFG's parent company Abu Dhabi Capital Management in return for the entire issued share
capital of ADFG.
'Prior to their issuance, the Consideration Shares represented 19.75% of SOCO's issued share
capital or 16.49% of SOCO's issued share
capital as enlarged by the Consideration Shares,' the company said in a statement.
The maximum number of shares to be purchased according to the first part of the programme during the period 4 December 2018 to 5 March 2019 (included) will be 17,305,940, or about 2.5% of the total issued share
capital in the company.
The IPO represented 49 percent of the issued share
capital of QAMCO.
This represents an increase in the total number of issued shares
from around 2,3 billion to 2,5 billion and an increase of 10.6 per cent in the existing issued share
capital of the lender.
KARACHI -- Foreign investors, other than foreign anchor investor, have been restrained from collectively - directly or indirectly - acquire or hold more than 10 per cent of the total issued share
capital of the exchange, a notice released by the Pakistan Stock Echange (PSX) for all TREC holders/brokers on Wednesday stated.
The funding was completed at a subscription price of EUR9.00 per share and represented 14.8% of the issued share
capital of the company prior to the deal.
Further to the announcement by Smurfit Kappa Group, International Paper confirms that it has submitted a proposal to acquire the entire issued and to be issued share
capital of Smurfit Kappa.
UK-based exploration and mine development company Ortac Resources Ltd (LSE: OTC) has entered into a binding agreement to acquire an additional 33.82% of the issued share
capital of African gold miner Casa Mining Ltd (LSE: RNS) and will be making an offer for the balance of the issued share
capital of Casa, the company said.
The reference price for the newly issued shares
is us usd10.02, resulting in a conversion ratio of 1 newly issued share
for every 61.6615 dividend rights held.
The H Shares purchased represent approximately 0.24% of the entire issued share
capital of the Company.