Edaa deposits Morabaha Marina subscribed shares into shareholders’ accounts

15/06/2023 Argaam

Edaa deposits Morabaha Marina subscribed shares into shareholders’ accounts

Logo of Morabaha Marina Financing Co. (MRNA)

The Securities Depository Center Co. (Edaa) added the subscribed shares of Morabaha Marina Financing Co. (MRNA) today, June 15, into the accounts of eligible shareholders, according to a statement.

 

MRNA sold 21.43 million shares, or 30% of its SAR 714.29 million capital, after a capital top-up, to the public on the Saudi Exchange (Tadawul).

 

The institutional offering was 401% oversubscribed, while the retail offering was 551% covered with 10 shares allocated per subscriber.

 

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