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Wafrah for Industry and Development Co. Announces the Distribution of Compensation to Right Issues Owners who did not Use their Rights to Subscribe to New Shares

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Introduction Wafrah for Industry and Development Company (Wafrah) announces the distribution of compensation to the owners of the rights issue shares who did not exercise their rights to subscribe to new shares
Compensation Distribution Date for Eligible Investors Who Did not Exercise Their Right to Subscribe and Those Eligible for Fractions 2022-08-04 Corresponding to 1444-01-06
Total Amount to be Distributed to Eligible Persons Who Did not Exercise Their Subscription Right and Those Eligible for Fractions SAR 56,326,647.30
Method of Receiving the Compensation by Eligible Investors Who Did not Exercise Their Subscription Right and Those Eligible for Fractions The lead manager, Aljazira Capital Company, has deposited the amounts in the bank accounts of eligible persons who did not exercise their right to subscribe to new shares. As for the eligible investors whose account information is not available or is incomplete, they can contact the Investor Relations of the Company at the following:

Shareholders Affairs dept. Tel: 11-4023456, ext.128, or via the following email: smahgoub@wafrah.com

Name and Contact Information of the Entity in Charge of Deposit For inquiries, please contact the Shareholders Affairs dept. Tel: 11-4023456, ext.128, or via the following email: smahgoub@wafrah.com

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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