Raydan Food’s rights trading period ends today

Key Figures of the Capital Increase via Rights Issue

Capital

SAR 225 mln

Number of shares

22.50 mln

Capital hike percentage

50%

Capital after increase

SAR 337.5 mln

Number of shares after increase

33.75 mln

Key Figures of Rights Issue

Number of shares offered

11.25 mln

Offering price per share

SAR 10

Issue size

SAR 112.5 mln

Rights trading period

Subscription period

         Aug. 9-16, 2021

Aug. 9-19, 2021

Record date

July 13, 2021 (Shareholders registered in the company’s shareholders registry upon deposit at the end of the second trading day following the general assembly meeting date.)

Rights issue proceeds

Completion of Al-Zaydi project

SAR 4 mln

Completion of Al Madinah project

SAR 4.5 mln

Construction of the new university branch

SAR 4 mln

Application of the new identity

SAR 15 mln

Establishment of new branches

SAR 10 mln

Factory and service centers

SAR 20 mln

Repayment of loans

SAR 10 mln

Investment amounts

SAR 9.35 mln

Working capital

SAR 30.72 mln

Offering costs

SAR 4.93 mln