Mobile Telecommunication Company Saudi Arabia (Zain KSA) Announces the Compensation to be Distributed to Holders of Rights Issue who have not Exercised their Rights to Subscribe to the Newly Issued Shares
Tuesday 5 January 2021| ELEMENT LIST | EXPLANATION |
| Introduction | Mobile Telecommunication Company Saudi Arabia (Zain KSA) (the “Company”) announces the compensation distribution date to holders of Rights Issue who have not exercised their rights to subscribe to the newly issued shares. |
| Compensation Distribution Date for Eligible Investors Who Did not Exercise Their Right to Subscribe and Those Eligible for Fractions | 2020-11-19 Corresponding to 1442-04-04 |
| Total Amount to be Distributed to Eligible Persons Who Did not Exercise Their Subscription Right and Those Eligible for Fractions | SAR 76,884,775.5 |
| Method of Receiving the Compensation by Eligible Investors Who Did not Exercise Their Subscription Right and Those Eligible for Fractions | Mobile Telecommunication Company Saudi Arabia (Zain KSA) deposited the compensation in the bank accounts of eligible persons whom have not subscribed to their rights, as well as persons eligible for fractional shares. Eligible persons whom bank account information are not available or are incomplete, please visit any branch of Al-Rajhi Bank to receive the allocated amount. |
| Name and Contact Information of the Entity in Charge of Deposit |
In case of any further inquiries please contact the Investor Relations Department via: |