Bank Albilad announces the deposit of the fractions shares sale proceeds arising out of the capital increase into shareholders' portfolios
| Element List | Explanation |
|---|---|
| Action Type | Increase |
| 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 which includes the capital increase, held on Monday 11 April 2022 Corresponding to 1443-09-10. |
| Fractional Shares Selling End Date | 2022-04-20 Corresponding to 1443-09-19 |
| Number of Sold Shares | 143766 |
| Fractional Shares Sales Revenue | 7,638,289.56 |
| Average Selling Price per share | 53.13 |
| Date of Depositing Fractional Shares Sales Revenue in the Bank Accounts of Eligible Investors | 2022-05-17 Corresponding to 1443-10-16 |
| Name of /Method of Contacting the Entity in Charge of Distributing the Fractional Shares 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, or Email: [email protected] during official working hours. |
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