| Element List | Explanation |
|---|---|
| Action Type | Decrease |
| Introduction | With reference to the announcement of the Union Wire Factories Company on 16/01/1445 AH corresponding to 03/08/2023 AD of the approval of the sixteenth extraordinary general assembly on the capital reduction process and the enforcement of the decision to reduce the company’s capital, the company announces that the fractional sale has been completed The shares resulting from the reduction of the company’s capital, and the date of depositing the amounts returned from their sale in the investment portfolios and accounts of eligible shareholders will be according to the information below. |
| Fractional Shares Selling End Date | 2023-08-08 Corresponding to 1445-01-21 |
| Number of Sold Shares | 3398 |
| Fractional Shares Sales Revenue | 95,996.32 SAR |
| Average Selling Price per share | 28.30 SAR |
| Date of Depositing Fractional Shares Sales Revenue in the Bank Accounts of Eligible Investors | 2023-08-15 Corresponding to 1445-01-28 |
| Name of /Method of Contacting the Entity in Charge of Distributing the Fractional Shares Sales Revenue | The proceeds of fractional shares will be deposited directly into the investment portfolios of the eligible shareholders. In case of any inquiries, please contact the Investor Relations Department:
• Tel. 0112655556 Ext. 1713 • Email IR.1301@unitedwires.com.sa |
| Additional Information | The company requests its honorable shareholders to update their data and ensure that their bank account numbers and the IBAN number attached to their investment portfolios are linked to ensure depositing the proceeds of selling fractional shares in their bank accounts. |
Related Posts
United Wire Factories Co. announces its Annual Financial Results for the Period Ending on 2022-12-31
Element ListCurrent YearPrevious Year%ChangeSales/Revenue 1,026.4921.311.41 Gross Profit (Loss) 107.385.625.35 Operational Profit (Loss) 67.256.419.15 Net Profit (Loss)... read more
United Wire Factories Co. announces its Interim Financial Results for the Period Ending on 2022-03-31 ( Three Months )
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 298.8226.631.862291.32.574 Gross Profit (Loss) 3828.135.23119.594.871 Operational Profit (Loss)... read more
ASLAK’s CEO Interview with CNBC Arabia regrading the process of reducing the company’s capital
https://unitedwires.com.sa/wp-content/uploads/2023/08/CNBC03082023.mp4 read more
United Wire Factories Co. announces its Interim Financial results for the Period Ending on 2025-06-30 ( Six Months )
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 181.4174.14.192164.810.072 Gross Profit (Loss) 11.814.6-19.17810.512.38 Operational Profit (Loss)... read more
United Wire Factories Co. announces its board of directors’ decision to appoint the board’s chairman and vice-chairman and to form committees
Element ListExplanationAnnouncement Detail Reference to the meeting of the Fourteenth Ordinary General Assembly held on Tuesday 28/07/1443 AH... read more
United Wire Factories Co. announces its Interim Financial Results for the Period Ending on 30-09-2023 ( Nine Months )
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 182.9264.1-30.75200.2-8.64 Gross Profit (Loss) 14.515.6-7.0517.2-15.7 Operational Profit (Loss)... read more
Announcement Details United Wire Factories Co. announces its Interim Financial results for the Period Ending on 2024-06-30 ( Six Months )
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 174.1200.2-13.036187.2-6.997 Gross Profit (Loss) 14.617.3-15.60615.9-8.176 Operational Profit (Loss)... read more
The United Wire Factories Co. announces the latest developments regarding its previous announcement of signing a memorandum of understanding with A-1 Fence DMCC (UAE)
Element ListExplanation Introduction Further to the announcement of the United Wire Factories Co. (the “Company”) that... read more
United Wire Factories Co. announces its Interim Financial Results for the Period Ending on 2021-03-31 ( Three Months )
Element List
Current Quarter
Similar quarter for previous year
%Change
Previous Quarter
% Change
Sales/Revenue
226.6
220.4
2.813
202.8
11.735
Gross Profit (Loss)
28.1
33.5
-16.119
29.8
-5.704
Operational Profit (Loss)
18.6
17.3
7.514
19.2
-3.124
Net Profit... read more
United Wire Factories Co. announces its Estimated Interim Financial Results for the Period Ending on 2022-06-30 ( Six Months )
Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% ChangeSales/Revenue 208.3217.7-4.32298.8-30.29 Gross Profit (Loss) 29.121.237.2638-23.42 Operational Profit (Loss)... read more
