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Approval for Banque Bemo Saudi Fransi to issue and offer shares for the purpose of increasing capital and setting the end of Tuesday 02/04/2024 as the date for shareholders to be entitled to the preferential right to subscribe

Approval for Banque Bemo Saudi Fransi to issue and offer shares for the purpose of increasing capital and setting the end of Tuesday 02/04/2024 as the date for shareholders to be entitled to the preferential right to subscribe

The Authority’s Board of Commissioners, by its Resolution No. (38/M) dated 19/03/2024, granted approval for “Banque Bemo Saudi Fransi” to issue and offer /50,000,000/ shares with a nominal value of 100 SYP per share and a total value of /5,000,000,000/ SYP, in order to For the purpose of increasing the bank’s capital, those with the preferential right to subscribe to the increase shares were determined by the shareholders registered in the bank’s shareholder registry at the Central Clearing and Custody Center as they were at the end of Tuesday 02/04/2024, each according to the percentage of their contribution to the capital. To view the content of the decision within the link to legislation and decisions. / Decisions of the Board of Commissioners

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