Bank Albilad announces the deposit of the fractions shares sale proceeds arising out of the capital increase into shareholders' portfolios
| Element List | Explanation |
|---|---|
| Introduction | Bank Albilad announces the completion of the selling of the fractions of shares arising out of the Bank's capital increase, which based on the approval of the Extraordinary General Assembly Meeting, held on Tuesday 09 April 2019, as per the below: |
| Sold fractional stocks End date | 2019-04-23 Corresponding to 1440-08-18 |
| Number of Sold Shares | 119,138 |
| Fractional Stocks Sales Revenue | 3,091,640.88 |
| Average Selling Price per share | 25.95 |
| Date of depositing fractional stocks revenue in the bank accounts of eligible investors | 2019-05-06 Corresponding to 1440-09-01 |
| Name/Method of contact the delegate for distributing the fractional stocks sales revenue | The proceeds of shares fractions sale will be distributed by Bank Albilad. In case of any issue in the deposit process, please visit any branch of Bank Albilad to receive the entitlements.
For further information, please contact Investor Relations via phone 0114798585, fax: 0114798505, or Email: [email protected] during official working hours. |
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