AI assistant
Sadr Logistics Co. — Capital/Financing Update 2019
Nov 21, 2019
53281_rns_2019-11-21_c9385d7b-ae3d-4711-9caf-b4fb5b873fe4.html
Capital/Financing Update
Open in viewerOpens in your device viewer
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.