Marble Design shareholders approve bonus share issue at 1:4

Marble Design shareholders approved a 25% capital increase through bonus shares and expanded the company’s business activities.

Marble Design Co.’s shareholders approved the board’s recommendation to increase capital by 25% through a bonus share issue, while capitalizing SAR 15 million from the retained earnings balance.

This came during the extraordinary general meeting (EGM) held on Dec. 2, according to a statement to Tadawul.
 

The increase will be through granting one bonus share for every four shares held.
 

Fractional shares, if any, will be compiled in a single portfolio to be offered at market price. The proceeds will then be distributed among eligible shareholders pro rata within 30 days maximum.

Shareholders further approved amending Article 4 of the company’s Articles of Association as regards the business activities, by adding the following activities:

Saudi Tadawul announced that the price fluctuation limits for the company’s shares will be set today, Dec 3, 2025, based on a share price of SAR 5.88, and that all outstanding orders will be cancelled.

The Securities Depository Center Company (Edaa) will add the bonus shares to shareholders’ portfolios before the start of trading on Sunday, Dec. 7, 2025.