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Almarai Co. — Share Issue/Capital Change 2012
Jan 11, 2012
53318_rns_2012-01-11_8ad04130-ac2b-4fbd-847a-c90d56be8b0b.html
Share Issue/Capital Change
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Further to prior announcement related to the Board of Almarai Company proposes issuance of Bonus Shares
2280 · 11/01/2012 16:12:50 · Announcement #23577 · View on Saudi Exchange
Further to prior announcement related to the Board of Almarai Company proposes issuance of Bonus Shares
Further to the announcement made on December 7th 2011, regarding the increase in share capital of Almarai Company from SAR 2,300 million to SAR 4,000 million and a related increase in the number of shares from 230 million shares to 400 million shares.
Almarai Company would like to clarify that the increase in share capital will be 73.9% through the distribution of one bonus share for each outstanding 1.353 shares. This will be financed through company reserves.
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.