Edaa Finalises Chemanol Share Cut on July 19

For Chemanol shareholders, the number of shares held in their accounts has been reduced to reflect the new capital base. The move synchronises records across brokerage and custody platforms, allowing normal trading to resume with an accurate market capitalisation.

Chemanol is a significant producer in the regional petrochemical industry. The capital restructuring reduces its share count but does not change the company's underlying assets or operations.

The adjustment marks the end of the technical phase of the capital restructuring. Trading in Chemanol shares continues under the revised share structure.