Arabian Contracting Services Co. announces the deposit of the amounts from selling the shares fractions resulted from the company’s capital Increase in the eligible shareholder’s accounts
| Element List | Explanation |
|---|---|
| Introduction | Arabian Contracting Services Co. announces the deposit of the amounts returned from the sale of fractional shares resulting from the increase in the company’s capital in the accounts of eligible shareholders based on the approval of the Extraordinary General Assembly, which was held on 23/12/2024 AD dated 22/06/1446. |
| Share’s Fractions Sale Completion Date | 2024-12-29 Corresponding to 1446-06-28 |
| Number of Sold Shares | 14012 |
| Share’s Fractions Selling Returned Amount | SAR 2,060,011.20 |
| Average Selling Price per share | 147.01764 |
| Deposit Date of The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts | 2025-01-23 Corresponding to 1446-07-23 |
| Name and Contact Method of Responsible Entity Distributing The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts | The proceeds from the sale of fractional shares were distributed by Saudi Awwal Bank (SAB) and deposited in bank accounts linked to the investment portfolios of eligible shareholders.
In the event of any inquiries or non-receipt of the due fractional amounts after the deposit date, please contact the Investor Relations Department at 0112716916 or at the email: IR@al-arabia.com |
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