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The National Shipping Company of Saudi Arabia (Bahri) announces the deposit of the fractions shares sale arising out of the capital increase into shareholders' portfolios

Element ListExplanation
Action Type Increase
Introduction The National Shipping Company of Saudi Arabia (Bahri) announces the completion of the selling of the fractions of shares arising out of the company’s capital increase, which based on the approval of the Extraordinary General Assembly Meeting and includes the capital increase, held on Monday 16 May 2022 Corresponding to 1443-10-15.
Fractional Shares Selling End Date 2022-05-23 Corresponding to 1443-10-22
Number of Sold Shares 10237
Fractional Shares Sales Revenue 260,589.93
Average Selling Price per share 25.50
Date of Depositing Fractional Shares Sales Revenue in the Bank Accounts of Eligible Investors 2022-06-14 Corresponding to 1443-11-15
Name of /Method of Contacting the Entity in Charge of Distributing the Fractional Shares Sales Revenue The proceeds resulted from selling the shares fractions were distributed by Riyad Bank using the bank accounts linked with the investment portfolios of the eligible shareholders.

If the due amounts are not received after the deposit date, or there are any other inquiries regarding the amounts of the selling of fractional shares, please contact Investor Relations Department at:

Telephone No.: 011-4785454 ext 232

Email: IR@bahri.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.

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