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The Savola Group Announces the deposit of the amounts received from the sale of Almarai share fractions arising from the in-kind distribution of its entire stake in Almarai to the eligible Shareholders’ accounts
2050
SAVOLA GROUP
0.13
%
1446/07/09 09/01/2025 15:40:03
| Element List | Explanation |
|---|---|
| Introduction | Further to the Savola Group’s ("Savola" or “the Group") announcement published on Tadawul dated December 31, 2024, regarding the deposit of proceeds from the sale of fractional shares resulting from its capital reduction into the accounts of eligible shareholders, the Group announces that the proceeds from the sale of fractional shares in Almarai Company, arising from the in-kind distribution of Savola’s entire stake in Almarai, have been deposited into the accounts associated with the respective portfolios of eligible shareholders. |
| Share’s Fractions Sale Completion Date | 2025-01-07 Corresponding to 1446-07-07 |
| Number of Sold Shares | 63971 |
| Share’s Fractions Selling Returned Amount | SAR 3,563,815.53 |
| Average Selling Price per share | SAR 55.71 |
| Deposit Date of The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts | 2025-01-09 Corresponding to 1446-07-09 |
| 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 |
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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Last Price 37.55
Net Change 0.05 (+0.13%)
Value Traded (Sar) 19,443,654.75
Volume Traded 517,440
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