Saudi Fisheries Co. Announces the Submission of the Decrease of the Company’s Capital Application File to CMA
| Element List | Explanation |
|---|---|
| Introduction | With reference to Saudi Fisheries Co.'s (“Company”) announcement on Tadawul dated 20/06/1445H (corresponding to 02/01/2024G) regarding the Board of Directors’ recommendation to decrease the Company’s capital and the Company's announcement on Tadawul dated 12/11/1445H (corresponding to 02/05/2024G) regarding the amendment of the Board of Directors' recommendation.
The Company wishes to inform its shareholders that it has submitted to the Capital Market Authority the capital reduction file for approval on Monday 26/11/1445H (corresponding to 03/06/2024G). |
| Date of Submitting the Application File to CMA | 2024-06-03 Corresponding to 1445-11-26 |
| Application Subject | The reduction of the Company’s capital by two hundred sixty-four million eight hundred (264,800,000) Saudi Riyals. |
| Date of Announcing Board Recommendation to Decrease the Company’s Capital on Saudi Exchange’s Website | 2024-01-02 Corresponding to 1445-06-20 |
| Additional Information | The Company will announce any material developments in relation to the application. |
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