Petro Rabigh changes recommendation on capital reduction

Rabigh Refining and Petrochemical Co. (Petro Rabigh) board has changed recommendation of capital reduction which is meant to eliminate accumulated losses as follows:

Capital before the reduction: SR 8,760,000,000.

Capital after the reduction: SR 7,554,897,000.

Percentage of the capital reduction: 8.01 %.

Share number before the reduction: 876,000,000 ordinary shares.

Share number after the reduction: 805,828,700 ordinary shares.