| Element List | Explanation |
|---|---|
| Introduction | Saudi Industrial Development Company (SIDC) (the “Company”) announces the distribution of compensation to the owners of the rights issue shares who did not exercise their rights to subscribe to new shares. |
| Compensation Distribution Date for Eligible Investors Who Did not Exercise Their Right to Subscribe and Those Eligible for Fractions | 2025-12-23 Corresponding to 1447-07-03 |
| Total Amount to be Distributed to Eligible Persons Who Did not Exercise Their Subscription Right and Those Eligible for Fractions | (8,922,954.57) Saudi Riyals |
| Method of Receiving the Compensation by Eligible Investors Who Did not Exercise Their Subscription Right and Those Eligible for Fractions | The Company has deposited the amounts in the bank accounts of eligible persons who did not exercise their right to subscribe to new shares and this eligible for shares fractions who fully meet the banking requirements for depositing in Riyadh bank. The company has a number of (75,044) share certificates which were not part of investment portfolios registered with brokers and the Securities Depository Center Company before the trading and subscription period, and the company was unable to transfer the compensation amount and fractional shares to the holders of those certificates. The company kindly requests its esteemed shareholders to update their information and ensure that their bank account numbers, IBAN, and SWIFT codes are linked to their investment portfolios for depositing into their bank accounts the proceeds from compensation amount and fractional shares. |
| Name and Contact Information of the Entity in Charge of Deposit | In the event of an inquiry, you may call landline No. (012-6102222) during office hours from Sunday to Thursday from 08.00 am. to 05.00 p.m. Inquiries may also be sent through email: info@sidc.com.sa |