![Menu Icon](/edaa.portal.theme.static.v2/themes/edaatheme/assets/img/icons/menuIcon.png)
![Menu Icon](/edaa.portal.theme.static.v2/themes/edaatheme/assets/img/icons/menuClose.png)
25 July, 2024 15:50
Academy of Learning Company Announces the deposit of the amounts from selling the shares fractions resulted from the company’s capital increase in the eligible shareholders’ accounts
Element List | Explanation |
---|---|
Introduction | Academy of Learning Company announces the completion of the sale of fractional shares resulting from the capital increase, which was approved in the Extraordinary General Assembly Meeting held on Tuesday, 19/12/1445H corresponding to 25-06-2024G. The proceeds from the sale of fractional shares have been deposited into the accounts of eligible shareholders. |
Share’s Fractions Sale Completion Date | 2024-07-04 Corresponding to 1445-12-28 |
Number of Sold Shares | 40 |
Share’s Fractions Selling Returned Amount | SAR 325.60 |
Average Selling Price per share | SAR 8.14 |
Deposit Date of The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts | 2024-07-25 Corresponding to 1446-01-19 |
Name and Contact Method of Responsible Entity Distributing The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts | The proceeds from the sale of fractional shares have been distributed through Riyadh bank, by depositing the due amounts into the bank accounts linked to the investment portfolios of eligible shareholders. Shareholders who encounter any issues with the deposit process can contact the Investor Relations Department at Phone No: 00966138350522, (, or via email at investor.relations@aol.edu.sa, During the company's official business hours. |
Additional Information | The share of each shareholder in selling fractional shares amounted to is SAR 4.07, which represents the value of half a share. |
Saudi Advanced Industries Company announces the resignation of the company's acting CEO
Read MoreSaudi Industrial Export Co. Announces an update on Saudi Industrial Exports Company announces that it will be unable to publish the financial results for the second quarter for the period ending on 2024-06-30
Read MoreBank Albilad announces the board of director’s resolution to distribute Interim cash dividends for the first Half of 2024
Read MoreCopyright © 2024 - Edaa