Gulf General Insurance Company Announces the Deposit of the Amounts resulting from Selling Fractional Shares Following the Decrease of the Company’s Capital in the Accounts of Eligible Shareholders

0.70 %
1445/10/05     14/04/2024 15:50:12

Element ListExplanation
Action Type Decrease
Introduction Gulf General Cooperative Insurance Company announces the completion of sale of fractional shares following the decrease of the company’s capital based on the approval of the extraordinary general assembly that was held on 09/09/1445 AH corresponding to 19/03/202 AD and Depositing the Amounts resulting from Selling Fractional Shares in the Accounts of Eligible Shareholders.
Fractional Shares Selling End Date 2024-03-28 Corresponding to 1445-09-18
Number of Sold Shares 3321
Fractional Shares Sales Revenue 44838.50
Average Selling Price per share 13.50
Date of Depositing Fractional Shares Sales Revenue in the Bank Accounts of Eligible Investors 2024-04-04 Corresponding to 1445-09-25
Name of /Method of Contacting the Entity in Charge of Distributing the Fractional Shares Sales Revenue For eligible shareholders whose bank account information is not available or incomplete, they can contact the Investor Relations Department at the following information:

Dina Alfadli +966920001862 Ext. 8986

Email Address:

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.

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Last Price 14.4
Net Change 0.1 (+0.7%)
Value Traded (Sar) 5,089,823.52
Volume Traded 354,498
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