Bawan Company announces the completion of selling fractions shares arising out of the company's capital increase approved by the extraordinary general assembly meeting held on 28-01-1437H corresponding to 10-11-2015G as following:
1. Total resulted number of bonus shares fractions is 13,255 shares
2. Fractions shares were sold on 10-02-1437H corresponding to 22-11-2015G with a total value of SAR 354,415.10 with an average price of SAR 26.74 per share.
3. The value of sold shares fractions will be deposited into the shareholders accounts on 27-02-1437H corresponding to 09-12-2015G.
The National Commercial Bank will deposit the fractions shares value directly into the eligible shareholders investment accounts. The eligible shareholders whose their investment accounts information were not available or incomplete, they can visit any of the National Commercial bank branches or call the bank phone number 0138497416 to receive their dues after 27-02-1437H corresponding to 09-12-2015G.
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.