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Sadr Logistics Co. Capital/Financing Update 2019

Nov 21, 2019

53281_rns_2019-11-21_c9385d7b-ae3d-4711-9caf-b4fb5b873fe4.html

Capital/Financing Update

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Al-Samaani Factory For Metal Industries Co. Announces the Board’s Recommendation to Increase the Capital by Granting Bouns Shares

1832 · 21/11/2019 09:04:55 · Announcement #56839 · View on Saudi Exchange

Al-Samaani Factory For Metal Industries Co. Announces the Board’s Recommendation to Increase the Capital by Granting Bouns Shares

Element List Explanation
Introduction No English translation, kindly refer to the Arabic version
Date of Board Meeting 2019-11-20 Corresponding to 1441-03-23
Capital before increase No English translation, kindly refer to the Arabic version
Capital after increase No English translation, kindly refer to the Arabic version
Percentage of Capital increase 66.67 %
Number of shares before Capital increase 1500000
Number of shares after Capital increase 2500000
Reasons for the increase No English translation, kindly refer to the Arabic version
Number of Shares Granted per Exiting Share No English translation, kindly refer to the Arabic version
Nature and Value of Reserves Used in the Capitalization No English translation, kindly refer to the Arabic version
Eligibility Date Eligible Shareholders are Those Holding Shares in the Eligibility Date as per the Shareholders Registry at the Deposit Center at The End of The Second Working Day after Eligibility Date
Fractional Shares No English translation, kindly refer to the Arabic version
Approvals No English translation, kindly refer to the Arabic version

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.