Addendum Announcement from Mobile Telecommunication Company Saudi Arabia (Zain KSA) in regards of results of the Extraordinary General Assembly Meeting on which its capital reduction has been approved (first meeting).
Sunday 11 October 2020ELEMENT LIST | EXPLANATION |
Introduction | Addendum Announcement from Mobile Telecommunication Company Saudi Arabia (Zain KSA) in regards of results of the Extraordinary General Assembly Meeting on which its capital reduction has been approved (first meeting). |
Date of Posting the Previous Announcement of Development on Tadawul's Website | 2020-10-11 Corresponding to 1442-02-24 |
URL of the Previous Announcement | Click Here |
Change on the Development | As the previous announcement didn’t specify the percentage change in capital, the company announces the capital reduction ratio will be 23.1%, therefore the reduction ratio per share is 0.23 |
Financial Impact on the change | It does not have any financial implications. |