Riyadh – Mubasher: Edarat Communication and Information Technology Company has finalized fractional share sale process and the subsequent distribution of proceeds to eligible shareholders.
The sale follows a capital increase approved by the company’s extraordinary general assembly on 14 June 2026, according to a bourse statement.
The company sold a total of 67 fractional shares on 22 June 2026, generating total proceeds of SAR 17,487. The shares were sold at an average price of SAR 261 per share.
Edarat confirmed that the resulting funds were deposited into the bank accounts linked to the investment portfolios of entitled shareholders on 14 July 2026.
The distribution process was managed through Saudi Awwal Bank (SAB) based on data provided by the Securities Depository Center (Edaa).
Shareholders who have not received their entitlements are advised to contact the company’s investor relations department. The company provided a contact number, +966581822902, and an official email address for further inquiries regarding the distribution.
