26 April, 2023
Announcement by Saudi Economic and Development Securities Company (SEDCO Capital) Regarding an Update of the Supplementary Appendix to the Terms and Conditions for Increasing the Total Asset Value of the SEDCO Capital REIT Fund
Saudi Economic and Development Securities Company (SEDCO Capital) announces an update of the Supplementary Appendix to the Terms and Conditions for Increasing the Total Asset Value of the SEDCO Capital REIT Fund as of 06/10/1444H corresponding to 26/04/2023G.
a summary of the main updated items are as follows:
- The (“subscription price”) for the additional units has been set at (8.64) Saudi riyals per unit.
- The start date for the subscription to increase the total value of the assets of the SEDCO Capital REIT Fund has been determined, starting from Monday 11 / 10 / 1444H corresponding to 01 / 05 / 2023G until Sunday 24 / 10 / 1444 H corresponding to 14 / 05 / 2023G (ten business days).
The updated the Supplementary Appendix to the Terms and Conditions for Increasing the Total Asset Value of the SEDCO Capital REIT Fund can be found in the attachments.
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