‎Marble Design shareholders approve bonus share issue at 1:4

‎Marble Design shareholders approve bonus share issue at 1:4 ‎Marble Design shareholders approve bonus share issue at 1:4

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Marble Design shareholders approved a 25% capital increase through bonus shares and expanded the company’s business activities.

Marble Design Co.’s shareholders approved the board’s recommendation to increase capital by 25% through a bonus share issue, while capitalizing SAR 15 million from the retained earnings balance.

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This came during the extraordinary general meeting (EGM) held on Dec. 2, according to a statement to Tadawul.

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

Capital Increase Highlights

Current Capital

SAR 60 mln

Number of Shares

60 mln

New Capital

SAR 75 mln

New Number of Shares

75 mln

Percentage of Capital Increase

25% (1 bonus share for every 4 existing share)

Method

Capitalizing SAR 15 mln from retained earnings

Reason

Enhancing the strategic growth plan, meeting future expansion needs and aspirations, while reaffirming the company’s financial strength and solid financial position

Record Date

Dec. 2, 2025 (Shareholders registered with Edaa by the end of the second trading day after the record date)

Fractional shares, if any, will be compiled in a single portfolio to be offered at market price. The proceeds will then be distributed among eligible shareholders pro rata within 30 days maximum.

Shareholders further approved amending Article 4 of the company’s Articles of Association as regards the business activities, by adding the following activities:

Additional Business Activities

Business Activity

Description

Manufacturing

Manufacture of other porcelain and ceramic products

Manufacture of furniture

Construction

Construction of utility projects

Construction works related to other civil engineering projects

Demolition

Site preparation

Transport Storage

Urban and suburban passenger land transport

Land transport of goods

Land transport-related support services

Cargo handling

Saudi Tadawul announced that the price fluctuation limits for the company’s shares will be set today, Dec 3, 2025, based on a share price of SAR 5.88, and that all outstanding orders will be cancelled.

The Securities Depository Center Company (Edaa) will add the bonus shares to shareholders’ portfolios before the start of trading on Sunday, Dec. 7, 2025.

 

Marble Design shareholders approved a 25% capital increase through bonus shares and expanded the company’s business activities.

Marble Design Co.’s shareholders approved the board’s recommendation to increase capital by 25% through a bonus share issue, while capitalizing SAR 15 million from the retained earnings balance.

This came during the extraordinary general meeting (EGM) held on Dec. 2, according to a statement to Tadawul.

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

Capital Increase Highlights

Current Capital

SAR 60 mln

Number of Shares

60 mln

New Capital

SAR 75 mln

New Number of Shares

75 mln

Percentage of Capital Increase

25% (1 bonus share for every 4 existing share)

Method

Capitalizing SAR 15 mln from retained earnings

Reason

Enhancing the strategic growth plan, meeting future expansion needs and aspirations, while reaffirming the company’s financial strength and solid financial position

Record Date

Dec. 2, 2025 (Shareholders registered with Edaa by the end of the second trading day after the record date)

Fractional shares, if any, will be compiled in a single portfolio to be offered at market price. The proceeds will then be distributed among eligible shareholders pro rata within 30 days maximum.

Shareholders further approved amending Article 4 of the company’s Articles of Association as regards the business activities, by adding the following activities:

Additional Business Activities

Business Activity

Description

Manufacturing

Manufacture of other porcelain and ceramic products

Manufacture of furniture

Construction

Construction of utility projects

Construction works related to other civil engineering projects

Demolition

Site preparation

Transport Storage

Urban and suburban passenger land transport

Land transport of goods

Land transport-related support services

Cargo handling

Saudi Tadawul announced that the price fluctuation limits for the company’s shares will be set today, Dec 3, 2025, based on a share price of SAR 5.88, and that all outstanding orders will be cancelled.

The Securities Depository Center Company (Edaa) will add the bonus shares to shareholders’ portfolios before the start of trading on Sunday, Dec. 7, 2025.

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