Calculate

The extraordinary general assembly of the Paper House Company agreed on Tuesday 01/27/1447 AH corresponding to 07/27/2025 AD to increase the company’s capital by granting free shares.
Accordingly, the percentage of oscillation for the company’s share was calculated on the basis of the price of 46.74 riyals for this day Wednesday 01/28/1447 AH corresponding to 07/27/2025 AD, and the abolition of existing orders.
The Securities Deposit Center Company (Deposit) will add the grant shares in the shareholders’ governor before the beginning of the trading on Sunday 02/22 AH corresponding to 07/27/2025 AD.
The results of the vote on the agenda of the Paper House Association included
1. Approving the recommendation of the board of directors regarding the increase in the company’s capital by granting free shares to the company’s shareholders as follows:
A- The total amount of the increase: 40 million riyals.
B- The capital before the increase: 20 million riyals, and the capital after the increase will become 60 million riyals, or an increase of 200 %.
C- The number of shares before the increase: two million shares, and the number of shares after the increase will become 6 million shares.
W – This increase aims to comply with the size of the company’s business and assets, in addition to supporting future growth and expansion.
C – The increase will be made by forming an amount of 40 million riyals from the profit account account, by granting (two free arrows for each share) owned by the company’s shareholders.
H- Approval of amending Article No. (7) of the company’s articles of association related to capital.
G- Approval of the amendment of Article (8) of the company’s articles of association related to subscription in shares.
– In the event of stock fractures, fractures will be collected in one portfolio for all shares campaign and sold at the market price, then their value is distributed to the shares of the entitled shares of the grant each according to its share within a period not exceeding 30 days from the date of determining the shares due for each shareholder.
– In the event of approval of the item, the date of the shares of the grant shares for the shareholders of the company, who owns the shares, will be at the end of the day of the company’s extraordinary general assembly and registered in the company’s shareholders’ record with the Securities Depository Center Company (the deposit center) at the end of the second trading day following the date of entitlement.
2. Approval to delete Article (47) of the company’s basic system, related to (reserve formation).
3. Approval to transfer the company’s regular reserve balance (5,123,414) riyals, as well as in the financial statements for the year ending on 31-12-2024 AD to the balance of profits.