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SAMBA Financial Group plans capital increase through bonus shares

January 29, 2014

The Board of Samba Financial Group has recommended a 33.33 per cent increase in the bank's capital to an extraordinary general assembly meeting through a bonus share issue. SAMBA will offer one bonus share for every three held, increasing the company's capital to SAR 12 billion . Entitlement to the bonus shares is limited to shareholders in the shareholders' register at the close of trading on the day of the extraordinary general assembly the date will be determined later by the bank.


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Source: CPI Financial


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