Makkah Construction and Development Co. — Share Issue/Capital Change 2025

Feb 13, 2025

Makkah Construction and Development Co. announces the deposit of the amounts from selling the shares fractions resulted from the company’s capital Increase in the eligible shareholder’s accounts

4100 · 13/02/2025 15:38:22 · Announcement #85235 · View on Saudi Exchange

Makkah Construction and Development Co. announces the deposit of the amounts from selling the shares fractions resulted from the company’s capital Increase in the eligible shareholder’s accounts

Element List	Explanation
Introduction	Makkah Construction and Development Company announces the deposit of the amounts received from the sale of fractional shares resulted from its capital increase in the eligible shareholders accounts based on the approval of the Extraordinary General Assembly held on 15/07/1446 AH corresponding to 15/01/2025 AD
Share’s Fractions Sale Completion Date	2025-01-21 Corresponding to 1446-07-21
Number of Sold Shares	16496
Share’s Fractions Selling Returned Amount	SR 1.592.391.61
Average Selling Price per share	SR 96.70
Deposit Date of The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts	2025-02-16 Corresponding to 1446-08-17
Name and Contact Method of Responsible Entity Distributing The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts	The proceeds from the sale of fractional shares are distributed through Al Rajhi Bank, by depositing the proceeds in the bank accounts linked to the investment portfolios of the eligible shareholders. In the event of any failure in the deposit process, the shareholder concerned can visit the nearest branch of Al Rajhi Bank to receive his dues.

In the event of any inquiry or question, please contact the Shareholders Affairs by phone (0125570037) or via e-mail: mosahem@mcdc.com.sa

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.