TIDM64EZ

RNS Number : 2993O

Saudi Arabian Oil Company

09 June 2022

Saudi Arabian Oil Company (Saudi Aramco) Announces the Deposit of proceeds, in the Eligible Shareholders' Accounts, from the sale of fractional shares in connection with the Company's Capital Increase

 
 Action Type                                                  Increase 
 Introduction                                                 Saudi Arabian Oil Company (Saudi Aramco) announces the 
                                                              distribution of proceeds, to eligible 
                                                              shareholders, from the sale of fractional shares in 
                                                              connection with the Company's issuance 
                                                              of one bonus share for every ten shares held by 
                                                              shareholders, as approved by the extraordinary 
                                                              general assembly (first meeting) held on Thursday 11 
                                                              Shawwal 1443H corresponding to 12 May 
                                                              2022. 
                                                             --------------------------------------------------------- 
 Fractional Shares Date of Sale                               18/05/2022 
                                                             --------------------------------------------------------- 
 Number of Shares Sold                                        290,495 
                                                             --------------------------------------------------------- 
 Proceeds from Sale of Fractional Shares                      12,008,809.15 
                                                             --------------------------------------------------------- 
 Average Selling Price per share                              41.34 
                                                             --------------------------------------------------------- 
 Distribution Date                                            09/06/2022 
                                                             --------------------------------------------------------- 
 Name of /Method of Contacting the Entity in Charge of        The proceeds from the sale of the fractional shares will 
  Distributing the Fractional Shares Proceeds                 be deposited to investors' bank accounts, 
                                                              linked to their investment portfolios. 
                                                              If the due amounts are not received after the deposit 
                                                              date, or there are any other inquiries 
                                                              regarding the amounts of the selling of fractional 
                                                              shares, please contact Investor Relations 
                                                              Department using the following link 
                                                              https://www.aramco.com/en/investors/ir-contact-form 
                                                             --------------------------------------------------------- 
 

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