.jpg)
QSE would like to inform you that Islamic Holding Group stock''s reference- price will be adjusted before the start of the trading session of December 02, 2015 as the share will be trading without the right of subscription in the company''s capital increase. The stock''s reference price shall be adjusted (Ex-Right) according to the following equation:
Stock''s reference price (ex-right) = ((existing shares * closing "cum rights" price) plus (new shares * subscription price)) / (total number of shares after increase).
The new stock''s reference price = 80.50
Therefore, brokers and investors are kindly requested to make the necessary checks in light of the new price.
