‎Cenomi Centers to discuss 8.98% capital increase on Sept. 27

‎Cenomi Centers to discuss 8.98% capital increase on Sept. 27 ‎Cenomi Centers to discuss 8.98% capital increase on Sept. 27

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Cenomi Centers plans to fund the capital increase by capitalizing SAR 426.6 million from retained earnings.

Arabian Centres Co. (Cenomi Centers) said shareholders will discuss on Sept. 27 the board recommendation on a 8.98% capital increase from SAR 4.75 billion to SAR 5.18 billion, according to aTadawulstatement.

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The capital increase will be implemented through the issuance of 39.58 million new bonus shares at one share for every 12 shares held, representing an 8.33% increase in capital. In addition, 3.08 million new shares will be issued and allocated to a proposed employee share program, representing a further 0.65% capital increase.

Capital Increase Details

Item

Details

Current capital

SAR 4.75 bln

Current shares

475 mln

Increase percentage

8.98% (1 share for every 12 shares held)

Capital after increase

SAR 5.18 bln

Shares after increase

517.68 mln

Purpose of increase

To support the company’s growth, strengthen its financial position, and allocate part of the increase to a proposed employee share program.

Granted shares

39.58 mln bonus shares (1 share for every 12 existing shares)

3.08 mln shares for the proposed employee share program

Method of increase

The capital increase will be funded through the capitalization of SAR 426.6 mln from retained earnings.

Record date

Sept. 27, 2026, Shareholders of record registered with Edaa at the end of the second trading day following the record date

Fractional shares, if any, will be compiled into a single portfolio for all shareholders, sold at market price, and the proceeds—after deducting related costs—will be distributed to eligible shareholders pro rata within a period not exceeding 30 days from the date the entitlement is determined.

The capital increase, bonus share issuance, and employee share allocation remain subject to approval by the relevant regulatory authorities and the extraordinary general meeting (EGM).

 

Cenomi Centers plans to fund the capital increase by capitalizing SAR 426.6 million from retained earnings.

Arabian Centres Co. (Cenomi Centers) said shareholders will discuss on Sept. 27 the board recommendation on a 8.98% capital increase from SAR 4.75 billion to SAR 5.18 billion, according to aTadawulstatement.

The capital increase will be implemented through the issuance of 39.58 million new bonus shares at one share for every 12 shares held, representing an 8.33% increase in capital. In addition, 3.08 million new shares will be issued and allocated to a proposed employee share program, representing a further 0.65% capital increase.

Capital Increase Details

Item

Details

Current capital

SAR 4.75 bln

Current shares

475 mln

Increase percentage

8.98% (1 share for every 12 shares held)

Capital after increase

SAR 5.18 bln

Shares after increase

517.68 mln

Purpose of increase

To support the company’s growth, strengthen its financial position, and allocate part of the increase to a proposed employee share program.

Granted shares

39.58 mln bonus shares (1 share for every 12 existing shares)

3.08 mln shares for the proposed employee share program

Method of increase

The capital increase will be funded through the capitalization of SAR 426.6 mln from retained earnings.

Record date

Sept. 27, 2026, Shareholders of record registered with Edaa at the end of the second trading day following the record date

Fractional shares, if any, will be compiled into a single portfolio for all shareholders, sold at market price, and the proceeds—after deducting related costs—will be distributed to eligible shareholders pro rata within a period not exceeding 30 days from the date the entitlement is determined.

The capital increase, bonus share issuance, and employee share allocation remain subject to approval by the relevant regulatory authorities and the extraordinary general meeting (EGM).

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