Saudi Automotive Services Company (SASCO) Announces the deposit of the amounts from selling the shares fractions resulted from the company’s capital increase in the eligible shareholders’ accounts
| Element List | Explanation |
|---|---|
| Introduction | Saudi Automotive Services Company (SASCO) announces the completion of the sale of fractional shares resulting from the capital increase, which was approved in the Extraordinary General Assembly Meeting held on Sunday, 09/06/2024. The proceeds from the sale of fractional shares have been deposited into the accounts of eligible shareholders. |
| Share’s Fractions Sale Completion Date | 2024-06-24 Corresponding to 1445-12-18 |
| Number of Sold Shares | 8725 |
| Share’s Fractions Selling Returned Amount | 482,492.50 |
| Average Selling Price per share | 55.30 |
| Deposit Date of The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts | 2024-07-07 Corresponding to 1446-01-01 |
| Name and Contact Method of Responsible Entity Distributing The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts | The proceeds from the sale of fractional shares have been distributed through al Rajhi bank, by depositing the due amounts into the bank accounts linked to the investment portfolios of eligible shareholders.
Shareholders who encounter any issues with the deposit process can visit the nearest branch of Al Rajhi Bank to receive their dues. For any inquiries, please contact the Investor Relations Department at Phone No: 011-2068855, extension) 1113(, or via email at [email protected], During the company's official business hours. |
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