The Capital Market Authority approves the capital increase request for The Saudi Investment Bank through issuance of bonus shares

The CMA has approved The Saudi Investment Bank request to increase its capital from SR 4,500,000,000 to SR 5,500,000,000 through issuing one bonus share for every 4.5 existing shares owned by the shareholders who are registered in the shareholders registry at the closing of trading on the day of the extraordinary general assembly. Such increase will be paid by transferring an amount of SR 1,000,000,000 from retained earnings to the Bank's capital. Consequently, increasing Bank's outstanding shares from 450,000,000 shares to 550,000,000 shares, by an increase of 100,000,000 shares. The bonus shares eligibility is limited to the shareholders who are registered in the shareholders registry at the close of trading on the day of the extraordinary general assembly, which will be determined later by the Bank's board.