4003 · 08/03/2020 08:15:27 · Announcement #57769 · View on Saudi Exchange

United Electronics Co. Announces the Board’s Recommendation to Increase the Capital by Granting Bouns Shares

Element ListExplanation
Introduction No English translation, kindly refer to the Arabic version
Date of Board Meeting 2020-03-05 Corresponding to 1441-07-10
Capital before increase No English translation, kindly refer to the Arabic version
Capital after increase No English translation, kindly refer to the Arabic version
Percentage of Capital increase 20 %
Number of shares before Capital increase 50000000
Number of shares after Capital increase 60000000
Reasons for the increase No English translation, kindly refer to the Arabic version
Number of Shares Granted per Exiting Share No English translation, kindly refer to the Arabic version
Nature and Value of Reserves Used in the Capitalization No English translation, kindly refer to the Arabic version
Eligibility Date Eligible Shareholders are Those Holding Shares in the Eligibility Date as per the Shareholders Registry at the Deposit Center at The End of The Second Working Day after Eligibility Date
Fractional Shares No English translation, kindly refer to the Arabic version
Approvals No English translation, kindly refer to the Arabic version

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