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Share Capital and Articles of Association



NADEC is a publicly listed company on the Saudi Stock Exchange (Tadawul) and registered in Riyadh, Saudi Arabia, and has its central office in Riyadh. The Company is registered with the Chamber of Commerce and on 31 December 2012, the Company’s authorised capital amounted to SAR 600,000,000 divided into 60,000,000 (sixty million) shares with a nominal value of SAR 10, wherein these shares are registered. The main shareholders are Sheikh Suleiman Abdulaziz Saleh Al Rajhi (6.5%), Abdullah Abdulaziz Saleh Al Rajhi (8.3%) and the Public Investment Fund (20%).

For the sake of brevity, for the stipulations regarding the issuing of shares, application rights, acquisition of own shares and capital reduction, please refer to the Company’s Articles of Association.