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Arab Dairy completes the first phase of its capital increase

Arab Dairy (ADPC) announced that the first phase of its capital increase has been 99.93% subscribed.

129.91 million shares were subscribed to during the subscription period from December 5, 2021, to January 4, 2022, leaving 86.94 thousand unsubscribed shares.

ADPC will launch a second phase to subscribe to the remaining shares, pending approval from the FRA.