Savola Group — Share Issue/Capital Change 2024

Oct 7, 2024

Savola Group announces the distribution of the compensation to holders of Rights Issue who have not exercised their right to subscribe to the new shares

2050 · 07/10/2024 15:36:05 · Announcement #82827 · View on Saudi Exchange

Savola Group announces the distribution of the compensation to holders of Rights Issue who have not exercised their right to subscribe to the new shares

Element List	Explanation
Introduction	Savola Group (SAVOLA) announces the starting date of distributing the compensation to holders of Rights Issue who have not exercised their right to subscribe to the new shares and those eligible for fractions.
Compensation Distribution Date for Eligible Investors Who Did not Exercise Their Right to Subscribe and Those Eligible for Fractions	2024-10-10 Corresponding to 1446-04-07
Total Amount to be Distributed to Eligible Persons Who Did not Exercise Their Subscription Right and Those Eligible for Fractions	SAR 592,427,433
Method of Receiving the Compensation by Eligible Investors Who Did not Exercise Their Subscription Right and Those Eligible for Fractions	Savola will deposit the amounts in the bank accounts of eligible persons/shareholders who have not exercised their right to subscribe to the new shares and those eligible for fractions via Al-Rajhi Bank. As for the eligible persons whose bank accounts information are not available or incomplete, they can contact Savola Shareholders Affairs Department through the address indicated below in this announcement.
Name and Contact Information of the Entity in Charge of Deposit	For enquiries, please contact Savola Shareholders Affairs Department though telephone number: +966 (12) 2687800, or business WhatsApp +966 (12) 2687990, or the following email address: share@savola.com
Additional Information	The Company will receive the aggregate offer price collected from the rump offering. The remaining proceeds exceeding the offer price, if any, will be distributed to those entitled to it as per the dated indicated above.

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.