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Saudi Lime Industries Co. calls its shareholders to attend the Extraordinary General Assembly meeting which include the Increase of the company’s capital ( First Meeting )
| Element List | Explanation |
|---|---|
| Introduction | The Board of Directors of Saudi Lime Industries Company is pleased to invite the shareholders to participate and vote in the first Extraordinary General Assembly meeting which include the Increase of the company’s capital, which is scheduled to be held, at 06:30 pm on Monday 19/01/1447 corresponding to 14/07/2025, through modern technology to review the agenda. |
| City and Location of the Extraordinary General Assembly's Meeting | Through modern technology from the company's head office in Riyadh city |
| Hyperlink of the Meeting Location | Click Here |
| Date of the General Assembly's Meeting | 2025-07-14 Corresponding to 1447-01-19 |
| Time of the General Assembly’s Meeting | 18:30 |
| Methodology of Convening the General Assembly’s Meeting | Via modern technology means |
| Attendance Eligibility, Registration Eligibility, and Voting End | Shareholders who are registered in the issuers shareholders record at the Depositary Center by the end of the trade session prior to the general assembly meeting and in accordance with the laws and regulations. The shareholder has the right to delegate whomever other than the board of directors. The right to register a name to attend the general assembly meeting ends at the time of convening the general assembly meeting. The attendees right to vote on the items of the assembly’s agenda ends upon the end of screening the votes by the Screening Committee. |
| Quorum for Convening the General Assembly's Meeting | The Extraordinary General Meeting shall be valid only if attended by shareholders representing at least %50 of the Share Capital. If there is no quorum for this meeting, a second meeting shall be held one hour after the end of the duration of the first meeting, the second meeting shall be valid only if attended by shareholders representing at least 25% of the share capital |
| Meeting Agenda | 1- Vote on the Board of Directors’ recommendation to increase the company’s capital by granting bonus shares to shareholders as follows: • Total increase amount: SAR 11,000,000. • Capital before increase: SAR 220,000,000. • Capital after increase: SAR 231,000,000. • Capital increase percentage: 5%. • Number of shares before increase: 22,000,000 shares. • Number of shares after increase: 23,100,000 shares. • Method of increase: Capitalization of SAR 11,000,000 from retained earnings. • Bonus share allocation: One share for every 20 shares held. • Reason for the increase: To support the company’s growth, business expansion, and strengthen its financial position. • In case of approval of this item, the eligibility date for the bonus shares will be for shareholders holding shares on the date of the Extraordinary General Assembly and registered in the company’s shareholder registry at the Securities Depository Center (Edaa) at the end of the second trading day following the entitlement date. In the event of share fractions, they will be collected in a single portfolio and sold at market price. The proceeds will then be distributed to eligible shareholders proportionally within 30 days from the date of identifying eligible shares for each shareholder. • Amend Article (7) of the company's bylaws relating to the capital. (Attached). • Amend Article (8) of the company's bylaws relating to share subscription. (Attached). |
| Proxy Form |  |
| The shareholder right in discussing the assembly agenda topics, asking questions, and exercising the voting right | Shareholders are entitled to discuss matters listed in the agenda of the EGM and raise relevant questions to the Board members, noting that the voting is free of charge for all Shareholders via: http://tadawulaty.com.sa |
| Details of the electronic voting on the Assembly’s agenda | Registered shareholders in Tadawulaty services can remotely and electronically vote on the items of the General Assembly starting from 01:00 AM on Friday, 16/01/1447 corresponding to 11/07/2025, until the end of the Assembly meeting. Registration and voting through Tadawulaty services will be available and free of charge for all shareholders via the following link: www.tadawulaty.com.sa |
| Method of Communication in Case of Any Enquiries | We are pleased to receive your inquiries through the Compliance and Investor Relations Department via the following communication channels: Phone: 0112652929 Email: compliance@saudilime.com |
| Attached Documents | |
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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Company Performance
Key Parameters
Last Price 14.0
Net Change 0.4 (+2.94%)
Value Traded (Sar) 40,690.78
Volume Traded 2,974
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