| Element List | Explanation |
|---|---|
| Action Type | Decrease |
| Introduction | Methanol Chemicals Company announces the completion of sale of fractional shares resulting from the Company’s capital decrease approved by the Extraordinary General Meeting held on to 28 June 2021. |
| Fractional Shares Selling End Date | 2021-07-27 Corresponding to 1442-12-17 |
| Number of Sold Shares | 107174 |
| Fractional Shares Sales Revenue | 2,910,178.07 |
| Average Selling Price per share | 27.20 |
| Date of Depositing Fractional Shares Sales Revenue in the Bank Accounts of Eligible Investors | 2021-08-24 Corresponding to 1443-01-16 |
| Name of /Method of Contacting the Entity in Charge of Distributing the Fractional Shares Sales Revenue | The Saudi National Bank (SNB) will deposit the fractional shares proceeds into the eligible shareholders’ bank accounts linked to their investment portfolios. For further inquiries in this regard, please contact the Company via email: osaeed@chemanol.com or on phone number : 0133438008., during the official working hours. |
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.