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Divestiture of 19.5 percent shares of Iranian Aluminum Company (IRALCO)

2018/02/26 | 15:03 code : 8820 -
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Block trade of 19.5 percent of IRALCO to be divested through Tehran Stock Exchange (TSE) on 6th March 2018.
Divestiture of 19.5 percent shares of Iranian Aluminum Company (IRALCO)

Block trade of 19.5 percent of IRALCO to be divested through Tehran Stock Exchange (TSE) on 6th March 2018.
Public relations liaison of Iran Privatization Organization (IPO) reported on 6th March 2018 a total of 1,015,536,378 number of shares, equivalent to 19.53 percent shares of Iranian Aluminum Company (IRALCO) will be put on sale through Tehran Stock Exchange (TSE).
The aforementioned number of shares will be divested by IPO on behalf of Iran Steel Pension Fund with base value of 2000 Rials per share in the form of 20 percent cash sale and 80 percent in installments.

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