“Shaker Family” sells its entire stake in “Al-Hassan Shaker”:

The annual report of Al-Hassan Shaker Company showed that Shaker Family, Hassan and Hussein Shaker, sold their entire interest in the company’s shares.

Hassan Shaker’s stake was 1.87% (653.918 shares) while Hussein Shaker’s stake was 1.86% (650 shares) both by the end of 2012.

The following tables show their stakes’ development:

Al Hassan Ghazi Ibrahim Shaker Stake
Stake	Stake
20.0%	Before IPO
14.0%	After IPO
12.2%	End of 2011
5%	7 March 2012
1.87%	End of 2012
0%	End of 2013

Hussain Ghazi Ibrahim Shaker Stake
Stake	Stake
5%	Before IPO
5%	After IPO
4.7%	End of 2011
1.86%	End of 2012
0%	End of 2013

Ibrahim Abu Nayyan Co. and Abdulqader Al-Muhaidab co. are considered the main shareholders in AL-Hassan Shaker Company as their stakes represent 12.2% of the company’s shares (4.27m shares).

Main Shareholders
Stake		Company
12.2%	4.27	Ibrahim A. Abu Nayyan & Bros. Co.
12.2%	4.27	Abdulqader Al Muhaidib & sons Co.
6.5%	2.28	Lamaa Holding Co.
10.0%	3.50	Tawazon Arabia Co.
6.2%	2.17	Al Mutlaq Group Co.

Al Hassan Shaker Company posted a profit of SAR 125m in 2013 (SAR 3.58/share), 33% less than last year.

The company expects to maintain 2013’s financial performance level with seeking higher profit margins, the report said.

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