Public Offering of a 20 Percent Block of the Isfahan Oil Refining Company in the Offing

A 20 percent block of the Isfahan Oil Refining Companyshares is set to be listed on the stock exchange by Iran Privatization Organization.

IOP Public Relations-   The 20% block of the Isfahan Oil Refining Company includes 3,999,999,956 shares which will be sold out in cash.

The public offering of the 20 Percent block is at the price of the stock exchange board on the very day (which equals the closing board price the day before) combined with a 20 percent   increase provided that it does not fall below 12,023 rials.  The overall basic value of the block is 48,091,999,470, 988 rials.

 

IOP Public Relations-   The 20% block of the Isfahan Oil Refining Company includes 3,999,999,956 shares which will be sold out in cash.

The public offering of the 20 Percent block is at the price of the stock exchange board on the very day (which equals the closing board price the day before) combined with a 20 percent   increase provided that it does not fall below 12,023 rials.  The overall basic value of the block is 48,091,999,470, 988 rials.

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