2130 · 03/12/2025 16:01:56 · Announcement #91878 · View on Saudi Exchange

Saudi Industrial Development Company (SIDC) Announces the Results of Rump Offering and the Allocation of the Right Issue Shares

Element ListExplanation
Introduction Saudi Industrial Development Company (SIDC) (the “Company”) 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 479.65%.
Number of Sold Shares 5420329
Total Proceeds of Selling Unsubscribed Shares 63,126,244.57 Saudi Riyals
Fractional Shares 36,841 shares
Average Price of Sold Shares 11.65 Saudi Riyals
Net Compensation for Right Issues and Fraction Shares Owners 8,922,954.57 Saudi Riyals
Date of Depositing the Shares into Shareholders Accounts 2025-12-07 Corresponding to 1447-06-16
Additional Information The Company will receive the aggregate offer price collected from the rump offering. The remaining proceeds exceeding the offer price will be distributed to those entitled to it no later than Tuesday 03/07/1447H corresponding to 23/12/2025G.

In the event of an inquiry, you may call landline No. (012-6102222) during office hours from Sunday to Thursday from 08.00 am. to 05.00 p.m.

Inquiries may also be sent through email: info@sidc.com.sa

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.