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Block Trade of 11.44 Percent Shares of Amin Reinsurance Company

2018/05/23 | 13:09 code : 9051 -
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Block trade of 11.44 percent shares of Amin Reinsurance Company to be divested on June 18th 2018 through Iran Fara-Bourse (IFB).
Block Trade of 11.44 Percent Shares of Amin Reinsurance Company

Block trade of 11.44 percent shares of Amin Reinsurance Company to be divested on June 18th 2018 through Iran Fara-Bourse (IFB).

Public relations liaison of Iran Privatization Organization (IPO) reported 11.44 percent shares of Amin Reinsurance Company accounting for 285,996,827 number of shares is to be divested by IPO on 18th June 2018 in the form of 30 percent cash sale and 70 percent in 4-year installments through Iran Fara-Bourse.

Base value of each stock is valued at closing price of the stock on the prior trading day plus 20 percent, on the condition that price per share is not less than 1254 Rial and total base value of 358,640,077,488 Rials.

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