Edaa deposits GO’s tradable rights today

11/02/2024 Argaam

GO sets period for rights issue, new shares subscription

Logo of Etihad Atheeb Telecommunication Co. (GO)

The Securities Depository Center Co. (Edaa) deposited today, Feb. 11, the tradable rights of Etihad Atheeb Telecommunication Co. (GO) into the accounts of eligible shareholders.

 

The company’s shareholders approved raising capital by way of a SAR 250 million rights offering, during the extraordinary general meeting (EGM) held on Feb. 6, according to Argaam's data.

 

The period of rights trading and subscription to new shares will start on Feb. 12 The rights trading period will end on Feb. 19, while the subscription process will run until Feb. 25.

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