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Dear Investor,
DFM has announced the listing and trading of Gulf Navigation Holding Rights Issue in Dubai Financial Market and trading to start on Sunday 4 February 2018.
For right issue invitation information, please click here.
Main Information:
Company Name: Gulf Navigation Holding - Rights Issue
Company Type: Public Joint Stock
Listing Type: Rights Issue
Trading Symbol: GULFNAV-RI
ISIN: AEG000601027
Sector: Transportation
General Index: Do not enter the general index of the market and sub-indices
Last Entitlement Date to subscribe in the capital increase: 30/01/2018
Ex-Rights Issue Date: 31/01/2018
Registry Closing Date: 01/02/2018
Trading Start Date: 04/02/2018
Trading End Date: 15/02/2018
Subscription Start Date: 11/02/2018
Subscription End Date: 22/02/2018
Rights Issue/Number of Rights to be issued: 448,333,334 Rights
Currency: AED
Reference Price: Will be provided later
Price Limits: There are no price limits for the first day (provided that the price limits applicable to shares are applied on the second day until the end date of trading on rights)
Ownership Restrictions:
Category | Total Ownership | Individual Ownership |
---|---|---|
UAE Nationals | 100% | 100% |
GCC | 100% | 100% |
Foreign | 49% | 49% |
Regards,
Emirates NBD Securities LLC
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