Al Tayyar Travel Group approved in its extraordinary general assembly on Wednesday a 33.3 percent capital raise from SAR 1,500 million to SAR 2,000 million through the issuance of bonus shares.
|
Capital Raise Details |
|
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SAR 1,500 mln |
Current capital |
|
150 mln shares |
Number of shares |
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33.33% (1 share for every 3) |
Capital raise percentage |
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SAR 2,000 mln |
New capital |
|
200 mln shares |
Number of shares after raise |
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March 4, 2015 |
Record date |
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