Burgerizzr’s BOD recommends splitting share nominal value to ‎‎1 riyal‎

The Sandwich House Fast Food Restaurant Company “Burgerizzr” announced the recommendation of the Board of Directors to the extraordinary general assembly of the company issued on Shaaban 30 1444 AH corresponding to March 22, 2023 AD, to split the nominal value of the share from ten (10) ten riyals per share to one (1) riyal riyals per share, and thus the number of the company’s shares will become (35,000,000) thirty-five million shares instead of (3,500,000) three million five hundred thousand shares, with the company’s commitment to complete the necessary related procedures.

The company said that it will announce any material developments in due course.