The Authority's Approval of the Request of Digital Research Company to Increase Its Capital by Granting Bonus Shares

موافقة الهيئة على طلب شركة الأبحاث الرقمية زيادة رأس مالها عن طريق منح أسهم مجانية

The Capital Market Authority approved Digital Research Company's request to increase its capital from SAR 16,875,000 to SAR 29,531,250 by granting 3 bonus shares for every 4 existing shares held by shareholders registered at the depositary center by the end of the second trading day following a record date to be set later by the company's board. The increase will be funded by transferring SAR 158,285 from the statutory reserve and SAR 12,497,965 from the share premium account, raising the share count from 1,687,500 to 2,953,125 shares, an increase of 1,265,625 shares. The extraordinary general assembly must convene within six months of this approval, and the company must complete the related regulatory procedures.

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