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The Company for Cooperative Insurance (TAWUNIYA) Announces the Deposit of Sums Resulting from Selling Fractional Stocks Following Increase of the Company’s Capital in the Accounts of Eligible Shareholders

8010
TAWUNIYA
3.64 %
1445/03/04     19/09/2023 16:02:21

Element ListExplanation
Action Type Increase
Introduction The Company for Cooperative Insurance (TAWUNIYA) announces the distribution of the proceeds of the sale of the fractions of shares to eligible shareholders, resulting from the company's capital increase through the company's issuance of one bonus share for every five shares owned by the shareholders according to the approval of the Extraordinary General Assembly (First Meeting) held on Monday 12/02/1445H corresponding to 28/08/2023G.
Fractional Shares Selling End Date 2023-09-03 Corresponding to 1445-02-18
Number of Sold Shares 2641
Fractional Shares Sales Revenue 302,132.73
Average Selling Price per share 114.6
Date of Depositing Fractional Shares Sales Revenue in the Bank Accounts of Eligible Investors 2023-09-21 Corresponding to 1445-03-06
Name of /Method of Contacting the Entity in Charge of Distributing the Fractional Shares Sales Revenue SNB Bank will deposit the proceeds of the sale of the fractions of shares to eligible shareholders in their bank accounts which are linked to their investment portfolios.
Additional Information If the due amounts are not received after the deposit date, or for any further information regarding the amounts of the selling of fractional shares, please contact the Company's Shareholder Relations via the email shown below:

IR@tawuniya.com.sa

Or call the following number:

0112526622

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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TAWUNIYA
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Key Parameters
Last Price 142.2
Net Change 5.0 (+3.64%)
Value Traded (Sar) 59,204,116.4
Volume Traded 418,471
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