CMA approves ACWA Power’s capital increase through a rights issue of SAR 7.12 billion

ACWA Power announced that the Capital Market Authority has approved its capital increase through the offering, registration, and listing of rights shares worth SAR 7.12 billion.

The company confirmed that this approval is conditional upon obtaining the approval of the Extraordinary General Assembly for the capital increase.

Eligibility will be granted to shareholders who own shares at the end of trading on the day of the general assembly that approved the capital increase through a rights issue and who are registered in the shareholders’ register at the Depository Center at the end of the second trading day following the due date.