2280 · 07/03/2019 08:46:56 · Announcement #53703 · View on Saudi Exchange

Almarai Company Announces the Redemption of Its SAR 1 Billion Sukuk – Series I

Element ListExplanation
Introduction Almarai Company (“the Company”) is pleased to announce that it has completely redeemed its SAR 1 billion Sukuk – Series I on 7th March 2019.
Issuing type Sukuk – Series I
Amount of redeemed (bonds/sukuk) SAR 1 billion
Percentage of redeemed (bonds/sukuk) from total issued (bonds/sukuk) 100 %
Number of redeemed (bonds/sukuk) 1000
Issue date 2012-03-07 Corresponding to 1433-04-14
Expiry date 2019-03-07 Corresponding to 1440-06-30
Face value of the sukuk at redemption SAR 1,000,000
Total issuance value after redemption SAR 1 billion
Date of depositing the amounts in the (bonds/sukuk) holders accounts 7th March 2019
Name of the entity responsible for the deposit and communication methods. (HSBC Saudi Arabia Ltd), investors can reach the Agent at (+966112992095)
Additional Information The financial impact of this transaction will appear in the results of Quarter One of 2019.

The Company would like to thank its investor base, specifically all the Sukuk holders who participated in this series, for repeatedly placing their trust in the Company, its board and its management.

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.