CMA approval of Al-Abdullatif Industrial Investment Company Capital Increase by issuing of bonus shares

The CMA has approved the request made by Al-Abdullatif Industrial Investment Company for increase of it`s capital from SR 650,000,000 to SR 812,500,000 by issuing of one bonus share for every four shares owned by the shareholders who are registered in the shareholders register at the trading closing date that coincides with the extraordinary general meeting, provided that the increase amount should be paid by transfer of an amount of SR(162,500,000) from the retained profits. Consequently, the share shall be increased from (65,000,000) share to (81,250,000) share, by an increase of (16,250,000) share. These bonus shares shall be issued only for those shareholders who are registered in the relevant register at the trading closing date coinciding with the extraordinary general meeting , which date shall be fixed later by the Bank Board.