A1214 SHAKER0.8 (3.58 %)
1443/04/06 Thu Nov 11, 2021 09:34:43
Addendum Announcement from Al Hassan Ghazi Ibrahim Shaker Co. in regards to the update on the Recommendation of its Board of Directors to reduce the Company's capital and subsequently increase it through Rights Issue

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Introduction Further to the Announcement of Al Hassan Ghazi Ibrahim Shaker on Tadawul on 10-11-2021 regarding the update to the Recommendation of Its Board Of Directors Recommendation To Reduce The Company's Capital And A Subsequent Capital Increase Through Rights Issue, the company would like to clarify the following:

- Number of shares before the reduction: 63,000,000

- Number of shares after reduction: 48,233,400

- The percentage of company's capital decrease: 23.4%.

Date of Posting the Previous Announcement of Development on Tadawul's Website 2021-11-10 Corresponding to 1443-04-05
URL of the Previous Announcement Click Here
Change on the Development - Number of shares before the reduction: 63,000,000

- Number of shares after reduction: 48,233,400

- The percentage of company's capital decrease: 23.4%.

Financial Impact on the change There is no financial impact

The Capital Market Authority and the Saudi Stock 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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Al Hassan Ghazi Ibrahim Shaker Company SJSC published this content on 11 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 November 2021 09:16:16 UTC.