City Cement Co. Announces Board's Recommendation to Decrease the Company's Capital
| Element List | Explanation |
|---|---|
| Date of Board Meeting | 2019-11-04 Corresponding to 1441-03-07 |
| Capital before decrease | No English translation, kindly refer to the Arabic version |
| Capital after decrease | No English translation, kindly refer to the Arabic version |
| Percentage of Capital decrease | 26 % |
| Number of Shares before Decrease | 189200000 |
| Number of Shares after Decrease | 140000000 |
| Reasons for the Capital Decrease | No English translation, kindly refer to the Arabic version |
| Method of Capital Decrease | No English translation, kindly refer to the Arabic version |
| Impact of the Capital Decrease on the Company's Obligations, Operations or Operational, Financial or Organizational Performance of the Company | No English translation, kindly refer to the Arabic version |
| Date of reduction | The End of the Second Trading Day after the Extra Ordinary General Assembly Meeting in which Decrease was Resolved |
| Approvals | No English translation, kindly refer to the Arabic version |
| Appointment of a Financial Advisor and the Submission of the Application for Capital Decrease to CMA | No English translation, kindly refer to the Arabic version |
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