SNS and SNS brand – SNS
An organization introduced Web and Rackers Saudi Arabia for Providers On the choice of the Board of Administrators issued on September 8, 2025, which incorporates approval of the distribution of money dividends to shareholders by 20% of the capital (equal to 2 riyals per share), for the primary half of the fiscal 12 months 2025, Because it turns into clear within the following desk:
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Particulars of the distribution of money income
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The present capital
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60 million riyals
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The variety of shares
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6 million shares
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Complete distributed income
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12 million riyals
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The ratio of capital
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20 % (equal to 2 riyals per share)
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due date
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September 11, 2025
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Date of distribution
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September 25, 2025
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The corporate added in a separate assertion to it on a circulation, that the board of administrators really useful a rise within the firm’s capital by 25%, by granting free shares by a proper quantity of 15 million riyals from the calculated income account, by granting one share per 4 listing of listing owned by shareholders, The next desk additionally reveals:
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Particulars of the capital enhance
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The present capital
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60 million riyals
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The variety of shares
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6 million shares
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Capital after the rise
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75 million riyals
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The variety of shares after the rise
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7.5 million shares
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The rise charge
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25 %
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The rationale for the rise
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Enhancing the strategic progress plan, future growth wants and aspirations, and emphasizing its monetary affinity and the power of its monetary place
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The variety of shares granted to every share
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(1) shares will likely be granted every shareholder who owns (4) shares
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Extra methodology
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The rise will happen by forming an quantity of 15 million riyals from the revenue account account
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Historical past of proper
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The entitlement to the shareholders who owned shares would be the day of entitlement to the shareholders ’file on the deposit middle on the finish of the second buying and selling day.
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The corporate added that within the occasion of shares fractures, fractures will likely be collected in a single portfolio for all shares marketing campaign and offered on the market value, then their worth is distributed to the shareholders as a result of grant every based on its share inside a interval not exceeding 30 days from the date of figuring out the shares due for every shareholder.
She defined that the grant is taken into account conditional on taking the approvals of the official authorities and acquiring the approval of the Capital Market Authority and the extraordinary basic meeting to extend the capital and the variety of shares granted.
