What is the bonus share ratio for existing shareholders?

Shareholders will receive one share for every 12 shares held, totaling 39,583,333 shares.

Cenomi Centers Proposes 8.98% Capital Increase via Bonus Shares

Q: Has the increase been approved yet?

No, the proposal still requires approval from regulatory authorities and the extraordinary general assembly.

Cenomi Centers (Arabian Centres Company) announced a board proposal to increase share capital by 8.98% from SAR 4.75 billion to SAR 5.176 billion via bonus shares to existing shareholders and shares for an employee program. The move aims to support growth and strengthen the financial position, subject to regulatory and shareholder approval.

June 21, 2026

2 min read

Source: Saudi Exchange via Sahm Platform

Key Numbers

current capital

4.75B SAR

new capital

5.176B SAR

increase percentage

8.98%

bonus shares

39,583,333

employee shares

3,075,429

capitalized retained earnings

712.5M SAR

Arabian Centres Company (Cenomi Centers), listed on the Saudi Exchange under ticker 4321, announced on June 21, 2026, a board recommendation from June 19, 2026, to increase the company's share capital from SAR 4.75 billion to SAR 5.176 billion, representing an 8.98% increase.

Details of the Increase

The capital increase will be achieved through issuing 39,583,333 bonus shares to existing shareholders at a ratio of one share for every 12 existing shares, and allocating 3,075,429 shares to a new employee share program. The increase will be funded by capitalizing SAR 712.5 million from retained earnings.

Objectives

The proposal aims to support the company's growth, strengthen its financial position, and provide long-term employee incentives.

Next Steps

The proposal requires approval from regulatory authorities and the extraordinary general assembly. The company has not yet announced a specific timeline for the next steps.

What This Means for Investors

A capital increase via bonus shares restructures the equity base without new cash inflow, increasing the number of outstanding shares without changing the total market value. Investors should monitor the general assembly date and regulatory approvals.

Frequently Asked Questions

The proposed increase is 8.98%, from SAR 4.75 billion to SAR 5.176 billion.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.