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Advance International Company for Communication and Information Technology Announces the Deposit of Sums Resulting from Selling Fractional Stocks Following Increase of the Company’s Capital in the Accounts of Eligible Shareholders

Element List Explanation
Action Type Increase
Introduction Advance International Company for Communications and Information Technology announces the completion of selling the fractional shares resulting from the capital increase of the company based on the approval of the Extraordinary General Assembly, which was held on 20/01/1444H corresponding to 08/18/2022m
Fractional Shares Selling End Date 2022-08-24 Corresponding to 1444-01-26
Number of Sold Shares 114
Fractional Shares Sales Revenue 11153,38 SAR
Average Selling Price per share 97,8366
Date of Depositing Fractional Shares Sales Revenue in the Bank Accounts of Eligible Investors 2022-09-15 Corresponding to 1444-02-19
Name of /Method of Contacting the Entity in Charge of Distributing the Fractional Shares Sales Revenue The company has deposited the fractional amounts of the company's shareholders directly through their current accounts linked to their investment portfolios in which the shares of Advance International Company for Communications and Information Technology (aictec) are deposited in any of the local banks, In the event of stumble of the deposit process, any of the company’s shareholders can review the company to receive its profits, or call 920021721 or email contact [email protected]

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