Salama Cooperative Insurance Co. Announces the Distribution of Compensation to Right Issues Owners who did not Use their Rights to Subscribe to New Shares
| Element List | Explanation |
|---|---|
| Introduction | Salama Cooperative Insurance Company announces the distribution of the compensation amounts to the holders of Rights Issue who have not exercised their right to subscribe to the new shares |
| Compensation Distribution Date for Eligible Investors Who Did not Exercise Their Right to Subscribe and Those Eligible for Fractions | 2023-12-21 Corresponding to 1445-06-08 |
| Total Amount to be Distributed to Eligible Persons Who Did not Exercise Their Subscription Right and Those Eligible for Fractions | 7,558,102.40 Saudi riyal |
| Method of Receiving the Compensation by Eligible Investors Who Did not Exercise Their Subscription Right and Those Eligible for Fractions | The Company will deposit 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 Inventors Relations Department during daily working hours from 8:00 am to 4:00 pm, through one of the following means:
0126845627 0126845658 0126845681 Email: [email protected] |
| Name and Contact Information of the Entity in Charge of Deposit | Any questions or quires should be communicated to the Inventors Relations Department, during daily working hours from 8:00 am to 4:00 pm, through one of the following means:
0126845627 0126845658 0126845681 Email: [email protected] |
| Additional Information | The management of The Salama Cooperative Insurance Company would like to clarify that there are some compensation amounts that were not able to transfer to the eligible investors due to insufficient bank information. |
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