Anaam Holding: Final Allocation of Rights Issue Shares bid is 311.79%

Anaam International Holding Group Company (the “Company”) is pleased to announce the results of the rump offering and the final allocation of Rights Issue shares. By the end of the rump offering period, the shares bid for amounted to 311.79%, and number of sold shares is 2553363.

The company added that total proceeds of selling unsubscribed shares are SR 67,795,015, with the average price of sold shares is SR 26.55 per share.

Net compensation for right issues and fraction shares owners is SR 42,261,385.

Additional Information:

The company would like to clarify that the reason for the change in the number of unsubscribed shares (2,665,027 shares), which was disclosed in the company’s announcement on the Saudi Tadawul Group website “Tadawul” on 06-11-1443 H corresponding to 05-06-2022 AD, is the number of sold shares amounting to (2,553,363 shares) due to the adjustment of the number of shares after matching with the receiving parties, based on the statement of the company’s financial advisor (Wasatah Capital) and lead manager for the company (Al Nefaie Investment Group).