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Corrective announcement from the Saudi Industrial Exports Company (Sadirat) regarding the announcement of the results of the remaining offering and the allotment of priority right shares.

Element ListExplanation
Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul's Website 2022-06-12 Corresponding to 1443-11-13
URL of the Previous Announcement Click Here
Incorrect statements in the previous announcement Coverage percentage: 622.73%.

Number of shares sold: 1,682,924 shares.

Total proceeds from the sale of unsubscribed shares: 96,354,228.80 SAR.

Average selling price of the sold shares: 57.25 SAR per share.

The net amount of compensation attributable to the owners of the rights of priority and fractional shares: 79,524,988.80 Saudi riyals.

Date of depositing shares in shareholders’ accounts: 17-11-1443 corresponding to 16-06-2022.

Correct Statement Coverage percentage: 622.73%.

Number of shares sold: 1,682,924 shares.

Total proceeds from the sale of unsubscribed shares: 93,369,808.80 SAR.

Average selling price of the sold shares: 55.48 SAR per share.

The net amount of compensation attributable to the owners of the rights of priority and fractional shares: 76,540,568.80 Saudi riyals.

Date of depositing shares in shareholders’ accounts: 17-11-1443 corresponding to 16-06-2022.

Additional Information The average price and refund amount has been modified due to the failure to pay the value of allotment for some Investors participating in the Rump Offering.

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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