<Today, Wednesday, September 15, 2021, the process of building the order book for the subscription of the international water and energy business company “ACWA Power” will begin.
The price range for ACWA Power has been set between 51 and 56 riyals per share.
The order book building process will continue until the end of Monday, September 27, 2021 in preparation for the offering of 81.2 million shares for public subscription, representing 11.1% of the company's post-IPO capital of 7,311 million riyals.
The number of offering shares that will be initially allocated to the participating categories is 81.20 million offering shares, representing 100% of the total offering shares, with the final allocation to be made after the end of the retail subscription period.
In the event that individual subscribers subscribe to the full number of shares allocated to them, the bookrunners have the right to reduce the number of shares allocated to the participating categories to a minimum of 73.08 million offering shares, representing 90% of the total offering shares.
The minimum number of shares that can be subscribed for institutions is 100,000 shares and the maximum is 36.54 million shares.
The company's main activity is the generation, distribution and sale of electric power, water desalination and the construction of electric power plants and transformers.
The price range for ACWA Power has been set between 51 and 56 riyals per share.
The order book building process will continue until the end of Monday, September 27, 2021 in preparation for the offering of 81.2 million shares for public subscription, representing 11.1% of the company's post-IPO capital of 7,311 million riyals.
The number of offering shares that will be initially allocated to the participating categories is 81.20 million offering shares, representing 100% of the total offering shares, with the final allocation to be made after the end of the retail subscription period.
In the event that individual subscribers subscribe to the full number of shares allocated to them, the bookrunners have the right to reduce the number of shares allocated to the participating categories to a minimum of 73.08 million offering shares, representing 90% of the total offering shares.
The minimum number of shares that can be subscribed for institutions is 100,000 shares and the maximum is 36.54 million shares.
The company's main activity is the generation, distribution and sale of electric power, water desalination and the construction of electric power plants and transformers.
The company's main activity is the generation, distribution and sale of electric power.
