Board of Directors of Saudi Ceramic Co. is pleased to invite its shareholders owning 10 shares or more to attend Extraordinary general assembly Meeting to be held in the Sheraton Hotel Riyadh on 07-04-2015 corresponding to 18-06-1436 at 20:00 to consider the following agenda :

1.Approval of the Board of directors recommended to increase the company's capital from SAR 375 Millions to 500 Millions with an increase by 33%.
2.The number of shares before increase 37.5 Millions shares, The number of shares after increase 50 Millions shares.
3.Offering 1 bonus shares for every 3 shares owned.
4.The increase will be doing through capitalization SAR 125 Millions from account Retained Earnings
5.In line with the growth of the company and to complement the expansion of its business and to assure the strength of the company financial position.
The bonus shares are eligible to the shareholders who are registered in the shareholder's register in the Securities Depository Center (Tadawul) at the close of trading on the extraordinary general assembly day.

The quorum necessary for the meeting to be in session should be attended by the shareholders representing 50% of the company's capital. Each shareholder owning 10 or more shall have the right to attend the general assembly meeting whether in person or by proxy, subject to presentation of corroborating evidence or a written power of attorney endorsedby the chamber of commerce authorizing another shareholder, other than the member of the board of directors or employees of the company, to attend the general assembly meeting on their behalf and it should be sent to P.O.Box 3893 Riyadh 11481 and delivered to the company prior 3 day of the meeting.
Contact details : 0114981030 Ext. 401 ,423
Additional information :