Al Kathiri Holding Co. Announces the Deposit of Sums Resulting from Selling Fractional Stocks Following Increase of the Company’s Capital in the Accounts of Eligible Shareholders

Action TypeIncrease
IntroductionAlkathiri Holding Company announces the completion of the process of selling fractional shares resulting from the increase in the company’s capital and depositing proceeds in the bank accounts of eligible shareholders based on the extraordinary General Assembly approval which was held on 23-06- 2021 according to the following:
Fractional Shares Selling End Date2021-06-30 Corresponding to 1442-11-20
Number of Sold Shares1472
Fractional Shares Sales Revenue122,979.12 SR
Average Selling Price per share83.54 SR
Date of Depositing Fractional Shares Sales Revenue in the Bank Accounts of Eligible Investors2021-07-28 Corresponding to 1442-12-18
Name of /Method of Contacting the Entity in Charge of Distributing the Fractional Shares Sales RevenueThe company has agreed with Riyad Bank to deposit the proceeds of the company’s shareholders directly in their current accounts linked to their investment portfolios in which Alkathiri holding shares are deposited in any of the local banks. In the event of failure of the deposit process, any shareholder of the company can go to any branch of Riyad Bank to receive his dividends or can contact the banks telephone no 920001816 or e-mail : or communicate with the shareholders’ relations of the company on e-mail :