Logo ofNofoth Food Products Co.
Shareholders of Nofoth Food Products Co. approved on June 1 the board recommendation to increase capital by 100% via a 1-for-1 bonus issue. 
Capital Increase Highlights
Current Capital
SAR 48 mln
Number of Shares
48 mln
Percentage of Increase
100%
New Capital
SAR 96 mln
New Number of Shares
96 mln
Method
1 bouns share for each share owned
Nature and Value of Reserve
Capitalizing SAR 48 mln from retained earnings
Record Date
June 1, 2025 (Shareholders registered with Edaa by the close of trading on the second trading day following the EGM date)
Reason
To enhance the company’s financial solvency, support its expansion plans, maximize returns for shareholders by developing the business and seizing available opportunities in the food sector.
Fractional shares, if any, will be compiled into one portfolio for all shareholders and will be offered at market price. Proceeds will be distributed among shareholders pro rata within 30 days maximum, the company said in a statement to Tadawul.
Shareholders also gave the go-ahead for paying a 25% cash dividend, or SAR 0.25 per share, for 2024.
Dividend Details (2024)
Current Capital
SAR 48 mln
Number of Shares*
48 mln
Nominal Value
SAR 1
Total Dividend
SAR 11.91 mln
Percentage of Capital
25% (SAR 0.25 per share)
Record Date
June 1, 2025 (And shareholders registered with Edaa)
Payment Date
June 15, 2025
*Number of eligible shares is 47.63
The Saudi Exchange (Tadawul) announced that the fluctuation limit for the company’s share has been calculated based on a price of SAR 12.06 today, June 2, and that all existing orders have been cancelled.
Edaa will deposit the bonus shares in shareholder portfolios before the start of trading on June 4.
Logo ofNofoth Food Products Co.
Shareholders of Nofoth Food Products Co. approved on June 1 the board recommendation to increase capital by 100% via a 1-for-1 bonus issue.
Capital Increase Highlights
Current Capital
SAR 48 mln
Number of Shares
48 mln
Percentage of Increase
100%
New Capital
SAR 96 mln
New Number of Shares
96 mln
Method
1 bouns share for each share owned
Nature and Value of Reserve
Capitalizing SAR 48 mln from retained earnings
Record Date
June 1, 2025 (Shareholders registered with Edaa by the close of trading on the second trading day following the EGM date)
Reason
To enhance the company’s financial solvency, support its expansion plans, maximize returns for shareholders by developing the business and seizing available opportunities in the food sector.
Fractional shares, if any, will be compiled into one portfolio for all shareholders and will be offered at market price. Proceeds will be distributed among shareholders pro rata within 30 days maximum, the company said in a statement to Tadawul.
Shareholders also gave the go-ahead for paying a 25% cash dividend, or SAR 0.25 per share, for 2024.
Dividend Details (2024)
Current Capital
SAR 48 mln
Number of Shares*
48 mln
Nominal Value
SAR 1
Total Dividend
SAR 11.91 mln
Percentage of Capital
25% (SAR 0.25 per share)
Record Date
June 1, 2025 (And shareholders registered with Edaa)
Payment Date
June 15, 2025
*Number of eligible shares is 47.63
The Saudi Exchange (Tadawul) announced that the fluctuation limit for the company’s share has been calculated based on a price of SAR 12.06 today, June 2, and that all existing orders have been cancelled.
Edaa will deposit the bonus shares in shareholder portfolios before the start of trading on June 4.
