ADES Holding Proposes 100% Capital Increase via Bonus Shares

ADES

ADES

2382.SA

0.00

ADES Holding Company announced on June 9, 2026 that its Board of Directors recommended a 100% capital increase through bonus shares to the Extraordinary General Assembly. The capital increase will raise the company's capital from SAR 1,129,062,513 to SAR 2,258,125,026 by capitalizing funds from the share premium account. Shareholders will receive one bonus share for each existing share owned, with the eligibility date set for the end of the second trading day following the Extraordinary General Assembly meeting. The capital increase aims to support the company's long-term growth strategy by strengthening its capital base and enhancing shareholders' equity while supporting future expansion plans.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95947&anCat=1&cs=2382&locale=ar

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.