Anaam Holding: Coverage Percentage of New Offered Shares reached 87.31%

Anaam International Holding Group Company Announces the Results of Right Issues Trading and New Shares Subscription, as well as the details of the Unsubscribed Shares sale.

Total Number of Subscribed Shares out of the total Number of New Offered Shares: A number of (18,334,973) shares were subscribed from the new offered shares out of total number of (21,000,000) new shares.

The Value of the Subscribed Shares reached SR183, 349,730.

Coverage Percentage out of Total New Offered Shares reached 87.31%.

Remaining Offering Mechanism                Rump Shares will be offered at a minimum of the Offering Price to a number of Institutional Investors, and such Institutional Investors shall submit offers to purchase the Rump Shares. Rump Shares will be allocated to the Institutional Investors with the highest bid, then the lowest and the lowest. The shares will be allocated proportionately to the Institutional Investors submitting the same offer. As for Fractional Shares (if any), they will be added to the Rump Shares and treated similarly.

Remaining Offering Start Date will be on 2022-06-07, while the Remaining Offering End Date will be on 2022-06-08.

The Rump Offering Period for the unsubscribed shares amounting to (2,665,027) shares, shall start at 10:00 am on Tuesday 07/06/2022, and continue until 5:00 pm on Wednesday 08/06/2022, the company said.