‎View EGM approves 100% capital hike via bonus shares

‎View EGM approves 100% capital hike via bonus shares ‎View EGM approves 100% capital hike via bonus shares

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View says capital increase will be by granting one bonus share for every share held

View United Real Estate Development Co.’sshareholders approved a 100% capitalincrease through the issuance of bonus shares, during the extraordinary general meeting (EGM) held on Dec. 9.

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

Capital Increase Highlights

Current Capital

SAR 33 mln

Number of Shares

33 mln

Nominal Value
SAR 1 per share

Percentage of Capital Increase

100%

New Capital

SAR 66 mln

New Number of Shares

66 mln

Method

One share for every share held

Funding

Capitalizing SAR 18 mln from issuance premium account, SAR 15 mln from retained earnings

Record Date

Dec. 9, 2025 (Shareholders registered with Edaa by the end of the second trading day after the record date)

Reason

Strengthening the capital base to enhance company strategies and expansion plans

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.

In April, the company’s board of directors recommended a 100% capital increase through bonus shares, Argaam reported earlier.

Separately, Tadawul announced that the price fluctuation limits for the company’s share will be based on a price of SAR 2.99 for today, Dec. 10, 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. 14, 2025.

 

View says capital increase will be by granting one bonus share for every share held

View United Real Estate Development Co.’sshareholders approved a 100% capitalincrease through the issuance of bonus shares, during the extraordinary general meeting (EGM) held on Dec. 9.

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

Capital Increase Highlights

Current Capital

SAR 33 mln

Number of Shares

33 mln

Nominal Value
SAR 1 per share

Percentage of Capital Increase

100%

New Capital

SAR 66 mln

New Number of Shares

66 mln

Method

One share for every share held

Funding

Capitalizing SAR 18 mln from issuance premium account, SAR 15 mln from retained earnings

Record Date

Dec. 9, 2025 (Shareholders registered with Edaa by the end of the second trading day after the record date)

Reason

Strengthening the capital base to enhance company strategies and expansion plans

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.

In April, the company’s board of directors recommended a 100% capital increase through bonus shares, Argaam reported earlier.

Separately, Tadawul announced that the price fluctuation limits for the company’s share will be based on a price of SAR 2.99 for today, Dec. 10, 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. 14, 2025.

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