East Pipes Integrated company for Industry announces depositing the proceeds resulting from the sale of fractional shares related to capital increase to the Eligible Shareholders’ Accounts.
|Introduction||East Pipes Integrated company for Industry announces the distribution of proceeds to eligible shareholders from the sale of fractional shares in connection with the Company’s issuance of one bonus share for every two shares held by shareholders as approved by the extraordinary general assembly (first meeting) held on Wednesday 23/03/1444H Corresponding to 19 /10/ 2022.|
|Fractional Shares Selling End Date||2022-10-25 Corresponding to 1444-03-29|
|Number of Sold Shares||8102|
|Fractional Shares Sales Revenue||387,364.70 SAR|
|Average Selling Price per share||47.83|
|Date of Depositing Fractional Shares Sales Revenue in the Bank Accounts of Eligible Investors||2022-11-16 Corresponding to 1444-04-22|
|Name of /Method of Contacting the Entity in Charge of Distributing the Fractional Shares Sales Revenue||The proceeds from the sale of the fractional shares will be deposited to shareholders’ bank accounts linked to their investment portfolios. If the due amounts are not received after the deposit date as well as any other inquiries regarding the proceeds of selling the fractional shares, please contact Investor Relations Section using the following link |
Tel: 86146704 -013
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