IssuerAnnouncementDetailsV2Portlet
ActionsBUPA ARABIA FOR COOPERATIVE INSURANCE ANNOUNCES THE DEPOSIT OF THE FRACTIONS SHARES SALE PROCEEDS ARISING OUT OF THE CAPITAL INCREASE INTO SHAREHOLDERS' PORTFOLIOS
Element List | Explanation |
---|---|
Action Type | Increase |
Introduction | Bupa Arabia for Cooperative Insurance Company announces the completion of the selling of the fractions of shares arising out of the Company's capital increase, which based on the approval of the Extraordinary General Assembly Meeting, held on Thursday 22 December 2022G. |
Fractional Shares Selling End Date | 2022-12-29 Corresponding to 1444-06-05 |
Number of Sold Shares | 16977 |
Fractional Shares Sales Revenue | 2,477,883 Saudi Riyals |
Average Selling Price per share | 145.95 Saudi Riyals / Per Share |
Date of Depositing Fractional Shares Sales Revenue in the Bank Accounts of Eligible Investors | 2023-01-12 Corresponding to 1444-06-19 |
Name of /Method of Contacting the Entity in Charge of Distributing the Fractional Shares Sales Revenue | The Saudi British Bank (SABB) will deposit the proceeds for the eligible shareholders in their bank accounts which are linked to their investment portfolios and for further information, please contact the company via phone 920000456 ext: 5412, or Email: invest@bupa.com.sa during official working hours. |
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.