Mubasher: The board of Gulf Mushroom Products recommended the distribution of bonus shares to shareholders at 10% of its capital, according to a bourse filing.
The company said in a statement to the Muscat Securities Market (MSM) on Tuesday that the decision will lead to an increase in the company’s total number of shares by 3.44 million, namely from 34.39 million to around 37.83 million shares.
The company’s capital currently amounts to OMR 3.44 million distributed over 34.4 million shares with a par value of OMR 0.1 per share.
