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National Agriculture Development Co. announces deposit of the fractions shares sale proceeds arising out of the capital increase into shareholders portfolios. - 15/04/2014

National Agriculture Development Co. announces the completion of selling fractions shares arising out of the company’s capital increase based on the approval of extraordinary general assembly meeting which was held on 19-03-2014 corresponding to 18-05-1435 as following:
1.The total number of shares fractions is 3,294 shares
2.Sold fractions shares on 31-03-2014 corresponding to 30-05-1435 with a value of SAR 110,754.93 Thousands by average price SAR 33.66.
3.Amount will be deposit into the shareholders account on 28-04-2014 corresponding to 28-06-1435
The bank SAAB will be deposit fractions shares amount to those whose accounts data are available, whereas those whose accounts data are not sufficient are contacted nearly branch of bank SAAB to receive their due compensation amount after 28-04-2014 corresponding to 28-06-1435.