IssuerAnnouncementDetailsV2Portlet
The Savola Group announces the deposit of the amounts received from the sale of shares fractions resulted from its Capital Reduction into the eligible shareholders’ accounts
Element List | Explanation |
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Introduction | The Savola Group (“Savola” or the Group”) announces the deposit of the amounts received from the sale of shares fractions resulted from its Capital Reduction into the eligible shareholder’s accounts |
Share’s Fractions Sale Completion Date | 2024-12-18 Corresponding to 1446-06-17 |
Number of Sold Shares | 62830 |
Share’s Fractions Selling Returned Amount | SAR 2,107,419.98 |
Average Selling Price per share | 33.60 |
Deposit Date of The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts | 2024-12-31 Corresponding to 1446-06-30 |
Name and Contact Method of Responsible Entity Distributing The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts | For enquiries, please contact Savola Shareholders Affairs Department though telephone number: +966 (12) 2687800, or business WhatsApp +966 (12) 2687990, or the following email address: share@savola.com |
Additional Information | The Company will announce later the deposit of the amounts received from the sale of shares fractions of Almarai resulting from the in-kind distribution of its stake in Almarai to its eligible shareholders’ accounts which linked to their portfolios, after selling them in the market at the prevailing price. |
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.