| Introduction | Marble Design Factory Company announces the decision of the Board of Directors dated 06-04-1447H corresponding to 28-09-2025G approving an increase in the company’s capital through the issuance of bonus shares by capitalizing an amount of SAR 15,000,000 from retained earnings. One (1) bonus share will be granted for every four (4) shares owned by shareholders. |
| Date of Board Meeting | 2025-09-28 Corresponding to 1447-04-06 |
| Capital before increase | 60,000,000 |
| Capital after increase | 75,000,000 |
| Percentage of Capital increase | 25 % |
| Number of shares before Capital increase | 60000000 |
| Number of shares after Capital increase | 75000000 |
| Reasons for the increase | The company aims to strengthen its strategic growth plan, support future expansion needs, and reaffirm its financial solvency and strong financial position. |
| Number of Shares Granted per Exiting Share | One (1) bonus share will be granted for every four (4) shares owned by shareholders. |
| Nature and Value of Reserves Used in the Capitalization | The increase will be made by capitalizing an amount of SAR 15,000,000 (fifteen million Saudi Riyals) from the retained earnings account. |
| Eligibility Date | Eligible Shareholders are Those Holding Shares in the Eligibility Date as per the Shareholders Registry at the Deposit Center at The End of The Second Working Day after Eligibility Date |
| Fractional Shares | In the event of fractional shares, they will be collected in a single portfolio for all shareholders and sold at market price. The proceeds will then be distributed to eligible shareholders pro rata within a period not exceeding 30 days from the date of determining the eligible shares for each shareholder. |
| Approvals | The bonus share issuance is conditional upon obtaining the necessary approvals from relevant regulatory authorities and the Extraordinary General Assembly regarding the capital increase and the number of granted shares. |