4161 · 08/05/2023 08:09:12 · Announcement #73447 · View on Saudi Exchange

BinDawood Holding Company announces the Board of Directors recommendation to split the nominal value of the share

Element ListExplanation
Announcement Detail BinDawood Holding Company announces the recommendation of the Board of Directors to the Extraordinary General Assembly of the company issued in its resolution dated on 17 Shawwal 1444H corresponding to 7th of May 2023G to split the nominal value of the company’s share from (10) Ten Saudi Riyals per share to (1) One Saudi Riyal per share while keeping the capital of the company unchanged, the number of the shares of the company after the split will become (1,143) million shares instead of (114.3) million shares, with the company's commitment to complete all regulatory procedures and the Extraordinary General Assembly approval.

Any material developments –if any- will be announced in due time.

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