Naba Alsaha board recommends 50% bonus issue, 3% cash dividend for 2022

Capital Increase Details

Current capital

SAR 70 mln

Number of shares

7 mln

Capital hike%

50% (one share for every two shares held)

Capital after increase

SAR 105 mln

Number of shares after increase

10.5 mln

Method of increase

Capitalizing SAR 35 mln from retained earnings

Record date

Shareholders of record who are registered with Edaa by the close of the second trading day following the record date

Objective

Supporting and financing the company's new expansion projects

Dividend Details (2022)

Current capital

SAR 70 mln

Number of shares

7 mln

Total dividend

SAR 2.1 mln

Percentage of capital

3% (SAR 0.3 a share)

Record date

Shareholders of record on the general meeting date that will be determined later, and those who are registered with Edaa by the close of the second trading day following the general meeting date

Payment date

To be determined later