Sadr Logistics Co. — Capital/Financing Update 2021

Dec 2, 2021

Sadr Logistics Co. Announces the Specification of the Period for Right Issues Trading and New Shares Subscription

1832 · 02/12/2021 09:50:45 · Announcement #65826 · View on Saudi Exchange

Sadr Logistics Co. Announces the Specification of the Period for Right Issues Trading and New Shares Subscription

Element List	Explanation
Introduction	Sadr Logistics Company announces the specification of the period for rights issue trading and new shares subscription.
Right Issuses and New Shares Subscription Period Start Date	2021-12-06 Corresponding to 1443-05-02
Right Issues Trading Period End Date	2021-12-13 Corresponding to 1443-05-09
New Shares Subscription Period End Date	2021-12-16 Corresponding to 1443-05-12
Trading Right Issues and Subscription to New Shares	Holders of right Issues are allowed to exercise their right to subscribe in new shares (in full or in part) up to the number of right issues available in their portfolios, trading in right issues and subscription to new shares for registered shareholders and new investors shall be as per the prospectus
Details on Remaining Offering	Details on Remaining Offering With regard to the details of the remaining offering, the company would like to alert the investors that in the event that shares remain unsubscribed, those remaining shares and fractional shares (if any) will be offered to institutional investors according to what is mentioned in the prospectus, as will the underwriter "Falcom Financial Services" shall undertake to underwrite the rights issue of Sadr Logistics Company in the event that the entire subscription is not fully covered.
Notification for Investors not Willing to Subscribe	Attention of Investors not willing to subscribe is drawn to the importance of selling the righ issues they hold during the specified trading period to avoid the resulting decline in the value of their investment portfolios as a result of not benefiting from their rights, whether by way of sale or subscription
For Daily Fluctuation in Right Issues Closing Prices during Rights Trading Period	https://www.tadawul.com.sa
For the Indicative Value of the Right	https://www.tadawul.com.sa
For Further Details on the Mechanism of Right Issues Trading and Subscription to New Shares	https://www.tadawul.com.sa/wps/portal/tadawul/knowledge-center/about/tradable-rights
For the Prospectus of Company’s Capital Increase through the Issuance of Right Issues	https://cma.org.sa/Market/Prospectuses/Documents/SADR_ar.pdf

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.