Maadaniyah Deposits Fractional Shares from Capital Reduction in Shareholders’ Accounts

National Metal Manufacturing and Casting Company (Maadaniyah) announced on Monday the starting date of distributing the compensation to Investors Eligible for Share Fractions pursuant to Extraordinary General Assembly Meeting held on 23.11.2021.

Number of sold shares  is 5422. The fractional shares sales revenue is 129620.90. The average selling price per share is 23.86.

The company indicated on Monday on Tadawul that the date of depositing fractional shares sales revenue in the bank accounts of eligible investors is 21.12.2021.

The Saudi National Bank (AlAhli) will deposit the amounts of the fraction shares directly into the investment accounts of the eligible shareholders, the company concluded.