OREANDA-NEWS.  Gulf Warehousing Company (GWC) announced that the subscription in the excess shares will be carried out as follows: 

The shareholder, subscribing in the excess shares, shall pay the subscription value (38.50) in addition to the rights issues value, which has been priced in accordance with the Rights Issue pricing mechanism in effect during the Rights Issue Trading period. The rights issues pricing mechanism is the closing price of the share on the previous day of the subscription with the value of the price of the Rights Issue subtracted.