The Saudi Stock Exchange (Tadawul) announces that the addition of the bonus shares and the fluctuation limits for The Mediterranean and Gulf Insurance and Reinsurance Co. will be based on a share price of SAR 13.82

Tuesday, September 11, 2018 at 8:23 AM

Tue Sep 11, 2018 08:23

The Mediterranean and Gulf Insurance and Reinsurance Co. EGM held on Monday 10/09/2018 has approved the capital increase via right issuance. Thus, the fluctuation limits on Tuesday 11/09/2018 for The Mediterranean and Gulf Insurance and Reinsurance Co. will be based on a share price of SAR 13.82. Furthermore, the Securities Depository Center (Edaa) will deposit the bank rights into the investor’s portfolios by Thursday 13/09/2018.