Saudi Hollandi General Assembly approved 20% capital raise (from SAR 3969.0 m to SAR 4762.8 m) in its meeting held on 18/03/2014.

 

The Capital raise is to take place by issuing one bonus share to each 5 shares owned by registered shareholders, as SAR 793.8 of retained earnings will be capitalized.

 

By this issuance the number of outstanding shares will increase from 396.9 m shares to 476.28 m.

 

 

Capital raise details

SAR 3969.0 mn

Current capital

396.9 mn shares

Number of shares

20% (1 for every 5 shares)

Capital raise (%)

SAR 4762.8 mn

New capital

476.28 mn shares

# of Shares after raise

March 18, 2014

Record date
 

 

  Cash dividends details

SAR 396.9 mn

Cash dividends

10% ( SAR 1.0/share)

% of capital

March 18, 2014

Record date

March 26, 2014

Payment date
 

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