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Thob Al Aseel Co. — Share Issue/Capital Change 2021
Nov 15, 2021
53365_rns_2021-11-15_7236781c-6028-49c4-a7f2-dad8af7c9bc8.html
Share Issue/Capital Change
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Thoub Al-Aseel Co. Announces the Deposit of Sums Resulting from Selling Fractional Stocks Following Increase of the Company’s Capital in the Accounts of Eligible Shareholders
4012 · 15/11/2021 15:36:14 · Announcement #65659 · View on Saudi Exchange
Thoub Al-Aseel Co. Announces the Deposit of Sums Resulting from Selling Fractional Stocks Following Increase of the Company’s Capital in the Accounts of Eligible Shareholders
| Element List | Explanation |
|---|---|
| Action Type | Increase |
| Introduction | Thoub Al-Aseel Co. announces the completion of the process of selling fractional shares resulting from the increase in the company's capital and depositing proceeds in the bank accounts of eligible shareholders based on the extraordinary General Assembly approval which was held on 21 October 2021 according to the following: |
| Fractional Shares Selling End Date | 2021-11-04 Corresponding to 1443-03-29 |
| Number of Sold Shares | 1557 |
| Fractional Shares Sales Revenue | 92,812 SAR |
| Average Selling Price per share | 59.61 SAR |
| Date of Depositing Fractional Shares Sales Revenue in the Bank Accounts of Eligible Investors | 2021-11-18 Corresponding to 1443-04-13 |
| Name of /Method of Contacting the Entity in Charge of Distributing the Fractional Shares Sales Revenue | Al Rajhi Bank will deposit the amounts in the bank accounts of investors entitled to share fraction. As for those whose bank account data is not available or incomplete, they can contact : |
Investor Relations Department, 0114652000, Ext. 777
Email : [email protected] Additional Information The Company requires its valued shareholders to update their data to link their bank account numbers to their investment portfolios to ensure that the sale proceeds of the share fractions are deposited into their accounts with the banks on the day of distribution.
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.