BRIEF-GIB Capital Announces Completion Of Sale By ACDIMA Of 12 Mln Shares In SPIMACO

SPIMACO

SPIMACO

2070.SA

0.00

- GIB CAPITAL

  • GIB CAPITAL ANNOUNCES COMPLETION OF SALE BY ACDIMA OF 12 MILLION SHARES IN SPIMACO

  • SALE BY ACDIMA OF 12 MILLION SHARES IN SPIMACO FOR SAR 326.3 MILLION

  • DEAL WAS EXECUTED THROUGH NEGOTIATED TRADES ON THE SAUDI EXCHANGE

  • POST DEAL, ACDIMA WILL HOLD ABOUT 10.5% OF SPIMACO’S SHARE CAPITA