Al Moammar Information Systems Co. — Capital/Financing Update 2021

May 23, 2021

Al Moammar information system (MIS) announces the incomplete of the process of selling fractional shares resulting from the increase in the company's capital as a result of the free share, and its inability to distribute the proceeds resulting from the sale of share fractions during the period mentioned in the shareholders’ circular

7200 · 23/05/2021 16:04:25 · Announcement #63505 · View on Saudi Exchange

Al Moammar information system (MIS) announces the incomplete of the process of selling fractional shares resulting from the increase in the company's capital as a result of the free share, and its inability to distribute the proceeds resulting from the sale of share fractions during the period mentioned in the shareholders’ circular

Element List	Explanation
Introduction	Al Moammar information system (MIS) announces Company announces the completion of the sale of fractional shares resulting from the merger according to the following:

- Date of the sale of fractional shares: 10 -05-2021

- Number of shares sold: 1248

- Proceeds from the sale of fractional shares: 134,550.22 Riyals

- Average selling price per share of shares sold:107.81 Riyals

Al-Moammar information system (MIS) Company also announces that it has not been able to distribute the sale amounts to eligible shareholders during the period mentioned in the shareholders’ circular, which is set at thirty days from the date of the approval effectiveness Reason for incomplete selling of Fractional stocks and distributing fractional stocks sales revenue to eligible investors within the regulated duration Delay in receiving data regarding foreign national shareholders Expected End Date for selling of Fractional stocks and distributing fractional stocks sales revenue to eligible investors It is expected that the finalization of the distribution process will be 25 -05 - 2021

And follow-up announcement will be published Additional Information NO

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