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Explanatory announcement from Bank Albilad regarding the change in the ownership percentage of one of the Bank's major shareholders

1140
ALBILAD
-1.14 %
1445/05/19     03/12/2023 08:01:08

Element ListExplanation
Announcement Detail Bank Albilad announces that it has received an explanatory letter from Abdullah Ibrahim Al-Subaie Investment Company, one of the bank's founders and major shareholders, stating that part of the company's investment shares has been transferred to one of the investment funds owned by Abdullah Ibrahim Al-Subaie Investment Company owners.

This did not result in any change in the list of major shareholders in the bank.

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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ALBILAD
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Key Parameters
Last Price 26.1
Net Change -0.3 (-1.14%)
Value Traded (Sar) 27,500,117.56
Volume Traded 1,050,417
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