IssuerAnnouncementDetailsV2Portlet
Announcement by Mohammed Hadi Al-Rasheed & Partners Company Regarding the Deposit of Proceeds from the Sale of Fractional Shares Resulting from the Capital Increase into Eligible Shareholders’ Accounts
| Element List | Explanation |
|---|---|
| Introduction | Mohammed Hadi Al-Rasheed & Partners Company announces the completion of the sale of fractional shares resulting from the Company’s capital increase, based on the approval of the Extraordinary General Assembly held on 13/06/1447H, corresponding to 04/12/2025G. |
| Share’s Fractions Sale Completion Date | 2025-12-10 Corresponding to 1447-06-19 |
| Number of Sold Shares | 110 |
| Share’s Fractions Selling Returned Amount | 8576.07 |
| Average Selling Price per share | 78.10 |
| Deposit Date of The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts | 2026-01-01 Corresponding to 1447-07-12 |
| Name and Contact Method of Responsible Entity Distributing The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts | The Company has deposited the proceeds of fractional shares directly into the shareholders’ current accounts linked to their investment portfolios in which the shares of Mohammed Hadi Al-Rasheed & Partners Company are held with local banks. In the event of any issues related to the deposit, shareholders may contact the Company to receive their entitlements, call 00966114998879, or communicate via email at ir@alrasheedco.com.sa |
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.