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Sumou Real Estate Co. announces the deposit of the amounts from selling the shares fractions resulted from the company’s capital Increase in the eligible shareholder’s accounts
| Element List | Explanation |
|---|---|
| Introduction | Sumou Real Estate Co. announces the completion of the process of selling fractional shares and deposit of proceeds to eligible shareholders resulting from the increase in the company's capital as approved by the Extraordinary General Assembly held on 06-06-2024G |
| Share’s Fractions Sale Completion Date | 2024-06-24 Corresponding to 1445-12-18 |
| Number of Sold Shares | 1580 |
| Share’s Fractions Selling Returned Amount | 63,284 |
| Average Selling Price per share | 40.05 |
| Deposit Date of The Return Amount from Share’s Fractions Selling in Eligible Shareholder’s Accounts | 2024-07-16 Corresponding to 1446-01-10 |
| 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 were distributed through Banque Saudi Fransi by depositing the due amounts in the company's shareholders local bank accounts which are linked to their investment portfolios in which the shares of Sumou Real Estate Company were deposited. In the event that an eligible shareholder has not received their payment, the shareholder can receive it directly from any Saudi fransi Bank branch or communicate with the Sumou Real Estate Company Investor Relations at info@sumou.com.sa |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Company Performance
Key Parameters
Last Price 41.1
Net Change -0.3 (-0.72%)
Value Traded (Sar) 3,029,580.75
Volume Traded 73,308
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