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SAVOLA GROUP

09 January, 2025 15:40

The Savola Group Announces the deposit of the amounts received from the sale of Almarai share fractions arising from the in-kind distribution of its entire stake in Almarai to the eligible Shareholders’ accounts

Element ListExplanation
Introduction Further to the Savola Group’s ("Savola" or “the Group") announcement published on Tadawul dated December 31, 2024, regarding the deposit of proceeds from the sale of fractional shares resulting from its capital reduction into the accounts of eligible shareholders, the Group announces that the proceeds from the sale of fractional shares in Almarai Company, arising from the in-kind distribution of Savola’s entire stake in Almarai, have been deposited into the accounts associated with the respective portfolios of eligible shareholders.
Share’s Fractions Sale Completion Date 2025-01-07 Corresponding to 1446-07-07
Number of Sold Shares 63971
Share’s Fractions Selling Returned Amount SAR 3,563,815.53
Average Selling Price per share SAR 55.71
Deposit Date of The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts 2025-01-09 Corresponding to 1446-07-09
Name and Contact Method of Responsible Entity Distributing The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts For enquiries, please contact Savola Shareholders Affairs Department though telephone number: +966 (12) 2687800, or business WhatsApp +966 (12) 2687990, or the following email address: share@savola.com

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