‎Al Rasheed EGM approves a 50% capital hike via bonus shares

Mohammed Hadi Al Rasheed and Partners Co.’ shareholders approved a 50% capital increase through the issuance of bonus shares during the extraordinary general meeting (EGM) held on Dec. 4.

The increase will be through granting one bonus share for every two shares held.

Advertisement

Capital Increase Highlights

Current Capital

SAR 120 mln​

Number of Shares

12 mln

Percentage of Capital Increase

50% (1-for-2)

New Capital

SAR 180 mln​

New Number of Shares

18 mln

Method

Capitalizing SAR 60 mln from retained earnings

Reason

As part of the company’s strategy, in line with its future plans for promoting expansion and growth; creating higher long-term value by investing in various opportunities available to the company; and reaffirming its financial soundness and strong financial position.

Record Date

Dec. 4, 2025 (shareholders registered with Edaa by the end of the second trading day after the record date)

In a statement toTadawul, the company said fractional shares, if any, will be collected in a single portfolio to be sold at market price. The proceeds will then be distributed among eligible shareholders pro rata within 30 days maximum from the date of determining each shareholder’s eligible shares.

Tadawul announced that the price fluctuation limits for the company’s share will be based on a price of SAR 77.60 for today, Dec. 7, 2025, and that all existing orders will be canceled.

The Securities Depository Center Co. (Edaa) will credit the bonus shares to shareholders’ portfolios before the start of trading on Dec. 9, 2025.

Mohammed Hadi Al Rasheed and Partners Co.’ shareholders approved a 50% capital increase through the issuance of bonus shares during the extraordinary general meeting (EGM) held on Dec. 4.

The increase will be through granting one bonus share for every two shares held.

Capital Increase Highlights

Current Capital

SAR 120 mln​

Number of Shares

12 mln

Percentage of Capital Increase

50% (1-for-2)

New Capital

SAR 180 mln​

New Number of Shares

18 mln

Method

Capitalizing SAR 60 mln from retained earnings

Reason

As part of the company’s strategy, in line with its future plans for promoting expansion and growth; creating higher long-term value by investing in various opportunities available to the company; and reaffirming its financial soundness and strong financial position.

Record Date

Dec. 4, 2025 (shareholders registered with Edaa by the end of the second trading day after the record date)

In a statement toTadawul, the company said fractional shares, if any, will be collected in a single portfolio to be sold at market price. The proceeds will then be distributed among eligible shareholders pro rata within 30 days maximum from the date of determining each shareholder’s eligible shares.

Tadawul announced that the price fluctuation limits for the company’s share will be based on a price of SAR 77.60 for today, Dec. 7, 2025, and that all existing orders will be canceled.

The Securities Depository Center Co. (Edaa) will credit the bonus shares to shareholders’ portfolios before the start of trading on Dec. 9, 2025.