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Thimar Development Holding Co. — Capital/Financing Update 2023
Nov 16, 2023
53403_rns_2023-11-16_d52b1ebc-8f09-4926-be8b-84285ff31e1c.html
Capital/Financing Update
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Thimar Development Holding Co. Announces the Distribution of Compensation to Right Issues Owners who did not Use their Rights to Subscribe to New Shares
4160 · 16/11/2023 08:16:12 · Announcement #76971 · View on Saudi Exchange
Thimar Development Holding Co. Announces the Distribution of Compensation to Right Issues Owners who did not Use their Rights to Subscribe to New Shares
| Element List | Explanation |
|---|---|
| Introduction | Thimar Development Holding Co announces the starting date of distributing the compensation to holders of Rights Issue who have not exercised their rights to subscribe to the new shares |
| Compensation Distribution Date for Eligible Investors Who Did not Exercise Their Right to Subscribe and Those Eligible for Fractions | 2023-11-16 Corresponding to 1445-05-02 |
| Total Amount to be Distributed to Eligible Persons Who Did not Exercise Their Subscription Right and Those Eligible for Fractions | 3,713,352 SAR |
| Method of Receiving the Compensation by Eligible Investors Who Did not Exercise Their Subscription Right and Those Eligible for Fractions | Thimar Development Holding Co will deposit the amounts in the bank accounts of eligible investors who have not exercised their right to subscribe to new shares and those entitled to fractional shares. As for the eligible investors whose bank account data is not available or incomplete, they can visit the head office of the company or contact Investor Relations Department during daily working hours from 9:00 am to 5:00 pm via tel. No. 00966 59 1616638 or via email ([email protected]) |
| Name and Contact Information of the Entity in Charge of Deposit | visit the head office of the company or contact Investor Relations Department during daily working hours from 9:00 am to 5:00 pm via tel. No. 00966 59 1616638 or via email ([email protected]) |
| Additional Information | The management of Thimar Development Holding Co would like to clarify that there are amounts of compensation that it was unable to transfer to the beneficiaries as a result of the lack of sufficient information about the beneficiaries' account numbers, in addition to the presence of some errors in the data delivered to the company for the beneficiaries of compensation. |
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.