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Almarai Co. — Capital/Financing Update 2013
Jul 31, 2013
53318_rns_2013-07-31_175edea7-83e4-4329-b17f-856dccaebf43.html
Capital/Financing Update
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Addendum announcement from Almarai Company related to invites its shareholders to attend the extraordinary general assembly meeting for discussion of Increase in share capital.
2280 · 31/07/2013 15:50:15 · Announcement #31842 · View on Saudi Exchange
Addendum announcement from Almarai Company related to invites its shareholders to attend the extraordinary general assembly meeting for discussion of Increase in share capital.
Further to the announcement published in Tadawul on Tuesday 30th July 2013, regarding to invites its shareholders to attend the extraordinary general assembly meeting for discussion of Increase in share capital of Almarai from SAR 4.0 billion to SAR 6.0 billion, and increasing the number of shares from 400 million to 600 million, the reason for this increase is that Almarai Company wants to adjust its share capital with its assets and hence support Almarai 5 years investment plan of SAR 15.7 billion. This program will cover the expansion needs in all areas of farming, manufacturing, distribution and logistics.
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.