IssuerAnnouncementDetailsV2Portlet
Almasane Alkobra Mining Company (AMAK) announces the Deposit of Proceeds 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 | Almasane Alkobra Mining Company (AMAK) announces the Deposit of Proceeds Resulting from Selling Fractional Stocks Following Increase of the Company’s Capital in the Accounts of Eligible Shareholders. |
| Fractional Shares Selling End Date | 2023-08-08 Corresponding to 1445-01-21 |
| Number of Sold Shares | 87288 |
| Fractional Shares Sales Revenue | 4,599,935.97 |
| Average Selling Price per share | 52.79 |
| Date of Depositing Fractional Shares Sales Revenue in the Bank Accounts of Eligible Investors | 2023-09-04 Corresponding to 1445-02-19 |
| Name of /Method of Contacting the Entity in Charge of Distributing the Fractional Shares Sales Revenue | The proceeds from the sale of the fractional shares will be deposited to eligible investors’ bank accounts, linked to their investment portfolios. If there are any other inquiries regarding the amounts of the selling of fractional shares, please contact Investor Relation Department: Phone No.: 00966-122162699 Email: ir@amk.com.sa |
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.