Saudi Arabia Capital Markets Authority issued a resolution approving Saudi Lime Industries Company’s request to increase its share capital by issuing bonus shares. The increase is structured as one bonus share for every 20 existing shares held by eligible shareholders. Capital will rise from SAR 220 million to SAR 231 million, funded by transferring SAR 11 million from retained earnings to share capital. Outstanding shares will increase from 22,000,000 to 23,100,000, an issuance of 1,100,000 new shares. Eligibility is based on shareholders registered in the shareholders registry at the Securities Depository Center as of the close of the second trading day after the due date, which will be determined later by the company’s board. An extraordinary general assembly must be held within six months of the approval, and the company is required to meet all applicable regulatory requirements and laws.
Saudi Arabia Capital Markets Authority 2025-05-27
Saudi Arabia Capital Markets Authority approves Saudi Lime Industries Company capital increase from SAR 220 million to SAR 231 million via 1-for-20 bonus shares
The Saudi Arabia Capital Markets Authority approved Saudi Lime Industries Company's request to increase its share capital from SAR 220 million to SAR 231 million by issuing 1,100,000 bonus shares, structured as one bonus share for every 20 existing shares. The increase will be funded by transferring SAR 11 million from retained earnings. Eligibility for bonus shares is based on shareholders registered at the Securities Depository Center as of the close of the second trading day after a due date set by the company's board.