“ACWA Power” sets the final offer price at 56 riyals per share

“ACWA Power” sets the final offer price at 56 riyals per share
“ACWA Power” sets the final offer price at 56 riyals per share

Riyad Capital, Citigroup Saudi Arabia, JPMorgan Saudi Arabia, and Natixis Saudi Arabia Investments in their capacity as financial advisors, institutional bookrunners and underwriters for the potential initial public offering of ACWA Power have announced the successful completion of the book building process for the participating classes in the company’s shares and setting the offering price Final at 56 Saudi riyals per share.

The subscription phase of individual subscribers will start tomorrow, Wednesday, and will last for 3 days, as (8,119,929) ordinary shares representing 10% of the total shares offered for public subscription have been allocated to individual subscribers as a maximum.

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ACWA Power sets final offer price riyals share

 
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