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Al Hassan Ghazi Ibrahim Shaker Co. — Share Issue/Capital Change 2022
Jun 26, 2022
53267_rns_2022-06-26_d3212630-e1d0-4179-9bb7-01bcf6163f5b.html
Share Issue/Capital Change
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Al Hassan Ghazi Ibrahim Shaker Co. Announces the Deposit of Sums Resulting from Selling Fractional Stocks Following Decrease of the Company’s Capital in the Accounts of Eligible Shareholders
1214 · 26/06/2022 08:04:58 · Announcement #68991 · View on Saudi Exchange
Al Hassan Ghazi Ibrahim Shaker Co. Announces the Deposit of Sums Resulting from Selling Fractional Stocks Following Decrease of the Company’s Capital in the Accounts of Eligible Shareholders
| Element List | Explanation |
|---|---|
| Action Type | Decrease |
| Introduction | Alhassan Ghazi Ibrahim Shaker Co. announces to its valued shareholders the completion of the process of selling the fractional shares resulting from the reduction of the Company’s capital which was approved by the Extraordinary General Assembly, which was held on Sunday 14-10-1443H corresponding to 15-05-2022G and the date of depositing the amounts in Eligible Shareholders Accounts. |
| Fractional Shares Selling End Date | 2022-05-22 Corresponding to 1443-10-21 |
| Number of Sold Shares | 10647 |
| Fractional Shares Sales Revenue | 212,204.90 |
| Average Selling Price per share | 19.93 |
| Date of Depositing Fractional Shares Sales Revenue in the Bank Accounts of Eligible Investors | 2022-06-23 Corresponding to 1443-11-24 |
| Name of /Method of Contacting the Entity in Charge of Distributing the Fractional Shares Sales Revenue | For any quires please contact Investor Relations Department during the official working hours from 9:00 AM up to 5:00 PM at: |
Tel: 011- 2638900 Extn. 11534
Email: [email protected] Additional Information The Company requires its valued shareholders to update their data to link their bank account numbers to their investment portfolios to ensure that the sale proceeds of the share fractions are deposited into their accounts with the banks on the day of distribution.
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.