2280 · 01/04/2020 15:13:18 · Announcement #58275 · View on Saudi Exchange

Almarai Company Announces the Redemption of its SAR 787 Million Sukuk – Series II

Element ListExplanation
Introduction Almarai Company (“the Company”) is pleased to announce that it has completely redeemed its SAR 787 million Sukuk – Series II on 31st March 2020.
Issuance Type Sukuk – Series II
Amount of redeemed (bonds/sukuk) 787 million
Percentage of Redeemed (Bonds/Sukuk) out of Total Issued (bonds/sukuk) 100 %
Number of redeemed (bonds/sukuk) 787
Issuance Date 2013-03-31 Corresponding to 1434-05-19
Trading End Date 31st March 2020
Sukuk Par Value at Redemption Date SAR 1,000,000
Total issuance value after redemption SAR 787 million
Date of Depositing the Amounts in the (Bonds/Sukuk) Holders Accounts 2020-03-31 Corresponding to 1441-08-07
Name of the Entity Responsible for the Deposit and Contact Details (HSBC Saudi Arabia Ltd) and for any questions or clarification, investors can reach the Agent at (+966112992095)
Additional Information The financial impact of this transaction will appear in the financial results of the first quarter 2020.

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.