| Element List | Explanation |
|---|---|
| Introduction | Savola Group (SAVOLA) announces the results of the rump offering and the final allocation of the rights issue shares. By the end of the rump offering period, the shares bid amounted to 814.2% |
| Number of Sold Shares | 35102497 |
| Total Proceeds of Selling Unsubscribed Shares | 943,452,403 Saudi Riyal |
| Fractional Shares | 37,827 Share |
| Average Price of Sold Shares | 26.88 Saudi Riyal |
| Net Compensation for Right Issues and Fraction Shares Owners | 592,427,433 Saudi Riyal |
| Date of Depositing the Shares into Shareholders Accounts | 2024-09-26 Corresponding to 1446-03-23 |
| Additional Information | The Company will receive the aggregate offer price collected from the rump offering. The remaining proceeds exceeding the offer price, if any, will be distributed to those entitled to it at latest on Sunday 10/04/1446H. (corresponding to 13/10/2024G.). |
For enquiries, please contact investor relations through telephone number: +966 (12) 268 7755 or 7733, fax number: Fax: +966 (12) 2687828, or the following email address: Email: IR@savola.com or CGNour@savola.com
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.