Alinma Bank Announces the Deposit of Sums Resulting from Selling Fractional Shares Following Increase of the Bank’s Capital in the Accounts of Eligible Shareholders
| Element List | Explanation |
|---|---|
| Action Type | Increase |
| Introduction | Alinma Bank announces to its shareholders the completion of the selling of the fractions of shares arising out of the Bank's capital increase, which was based on the approval of the Extraordinary General Assembly (second meeting) held on Tuesday, Shawwal 14, 1445, Corresponding to April 23, 2024. |
| Fractional Shares Selling End Date | 2024-04-30 Corresponding to 1445-10-21 |
| Number of Sold Shares | 127606 |
| Fractional Shares Sales Revenue | 4,252,508.89 SAR |
| Average Selling Price per share | 33.33 SAR |
| Date of Depositing Fractional Shares Sales Revenue in the Bank Accounts of Eligible Investors | 2024-05-22 Corresponding to 1445-11-14 |
| Name of /Method of Contacting the Entity in Charge of Distributing the Fractional Shares Sales Revenue | The proceeds of shares fractions sale were distributed by Alinma Bank, which shall be deposited in the bank accounts associated with the eligible shareholders’ investment accounts. In case of any issue in the deposit process, please visit the nearest branch of Alinma Bank.
For any inquiries, please contact investor relations department via phone: 0112185252 or email: [email protected].
As part of its keenness to safeguard the interests of its shareholders who did not receive dividends during previous periods, Alinma Bank announces that a query feature has been included on the Bank’s website via the following link:
https://www.alinma.com/en/quick-links/dividends-inquiry |
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