Nasij rights issue coverage at 311.8%

Alnseej International Trading Company announced a coverage ratio of 311.8% for the remaining shares of the rights issuance, with approximately 2.966 million shares sold, generating a total proceeds of 36.44 million SAR at an average sale price of 12.28 SAR per share. The shares will be deposited into shareholders' accounts on September 27, and the remaining proceeds will be distributed to eligible recipients before October 14, 2026, with the company receiving the total proceeds from the sale of the remaining shares.

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