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Alkhorayef Water and Power Technologies Co. Announces the deposit of the amounts from selling the shares fractions resulted from the company’s capital increase in the eligible shareholders’ accounts
26/06/2024
Tadawul
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| Element List | Explanation |
|---|---|
| Introduction | Alkhorayef Water and Power Technologies Co. announces the completion of the sale of fractional shares resulting from the capital increase, which was approved in the Extraordinary General Assembly Meeting on Thursday, 15/11/1445H corresponding to 23/05/2024G. The proceeds from the sale of fractional shares have been deposited into the accounts of eligible shareholders. |
| Share’s Fractions Sale Completion Date | 2024-05-29 Corresponding to 1445-11-21 |
| Number of Sold Shares | 2356 |
| Share’s Fractions Selling Returned Amount | 362,217.54 |
| Average Selling Price per share | 154.01019 |
| Deposit Date of The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts | 2024-06-26 Corresponding to 1445-12-20 |
| Name and Contact Method of Responsible Entity Distributing The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts | The proceeds from the sale of fractional shares have been distributed through Banque Saudi Fransi, by depositing the due amounts into the bank accounts linked to the investment portfolios of eligible shareholders.
Shareholders who encounter any issues with the deposit process can visit the nearest branch of Banque Saudi Fransi to receive their dues.
For any inquiries, please contact the Investor Relations Department at Phone No: 0114000612, extension (216), or via email at Awpt-IR@alkhorayef.com, During the company's official business hours. |
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