Gulf General Insurance Company Announces the Deposit of the Amounts resulting from Selling Fractional Shares Following the Decrease of the Company’s Capital in the Accounts of Eligible Shareholders
| Element List | Explanation |
|---|---|
| Action Type | Decrease |
| Introduction | Gulf General Cooperative Insurance Company announces the completion of sale of fractional shares following the decrease of the company’s capital based on the approval of the extraordinary general assembly that was held on 09/09/1445 AH corresponding to 19/03/202 AD and Depositing the Amounts resulting from Selling Fractional Shares in the Accounts of Eligible Shareholders. |
| Fractional Shares Selling End Date | 2024-03-28 Corresponding to 1445-09-18 |
| Number of Sold Shares | 3321 |
| Fractional Shares Sales Revenue | 44838.50 |
| Average Selling Price per share | 13.50 |
| Date of Depositing Fractional Shares Sales Revenue in the Bank Accounts of Eligible Investors | 2024-04-04 Corresponding to 1445-09-25 |
| Name of /Method of Contacting the Entity in Charge of Distributing the Fractional Shares Sales Revenue | For eligible shareholders whose bank account information is not available or incomplete, they can contact the Investor Relations Department at the following information:
Dina Alfadli +966920001862 Ext. 8986 Email Address: dalfadli@ggi-sa.com |
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