The lender will announce the timetable for the rights issue, including the ex-rights
date, rights trading period as well as subscription period after the approval of the Central Bank of the UAE (CBUAE) and Securities and Commodities Authority (SCA).
The company stated that the common shares will trade on the TSX from the Effective Date to and including the Expiry Date and ex-rights
trading of the common shares will commence on 30 November 2017.
The indicative issue price of 10 sen per rights share is a discount of about 33 per cent to the theoretical ex-rights
price of its shares of 15 sen based on its closing price of 61 sen per share on July 24, 2015.
0.61% KEY dealing suspended price ex-divided price ex-scrip issue price ex-rights
issue capital distribution ex-all value in sterling which have since the previous in bold type.
The company announced its shares are trading ex-rights
QATI traded on an ex-cash dividend (QR2.50/share), ex-stock dividend (20%) and ex-rights
(25%) basis from Tuesday (Feb.
The subscription price corresponds to a discount of some 35% to the theoretical ex-rights
price (TERP), based on the share's closing
Using this figure they can estimate the investment status of shares without rights attached (ex-rights
EU) (LSE: BKIR_u) has said that its rights issue will be priced at a 4.17 percent discount to theoretical ex-rights
price, or TERP, based on Friday's closing share price of EUR1.534, which represents 64 percent discount to Friday's closing price.
The offer price represents a 52.4 percent discount to Thursday's closing price of 8.916 euros and a 37.3 percent discount to the theoretical ex-rights
The analysts see a 28% downside to the theoretical ex-rights
price, or TERP, of EUR 13.90 (USD 20.313), i.e.