News & Announcements

AWPT

26 June, 2024 15:47

Alkhorayef Water and Power Technologies Co. 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	Alkhorayef Water and Power Technologies Co. announces the completion of the sale of fractional shares resulting from the capital increase, which was approved in the Extraordinary General Assembly Meeting on Thursday, 15/11/1445H corresponding to 23/05/2024G. The proceeds from the sale of fractional shares have been deposited into the accounts of eligible shareholders.
Share’s Fractions Sale Completion Date	2024-05-29 Corresponding to 1445-11-21
Number of Sold Shares	2356
Share’s Fractions Selling Returned Amount	362,217.54
Average Selling Price per share	154.01019
Deposit Date of The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts	2024-06-26 Corresponding to 1445-12-20
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 Banque Saudi Fransi, 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 visit the nearest branch of Banque Saudi Fransi to receive their dues. For any inquiries, please contact the Investor Relations Department at Phone No: 0114000612, extension (216), or via email at Awpt-IR@alkhorayef.com, During the company's official business hours.

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