Investor Presentaiton
Balance Sheet Management
Capital alternation to restructure capital and further strengthen financial position
1.
Share Capital of SAR 2.1
bn with accumulated
losses of SAR 969 mn
as at 30-Sept
2.
Board recommends
capital decrease
followed by a capital
increase
3.
Capital reduction
by 46% by cancelling
96.9 mn shares
4.
Capital increase by
way of a SAR 1.0 bn
rights issue to SAR
2.13 bn
5.
Capital alteration file
submitted to CMA
on Jan 17
Strengthening our financial position to enable long term sustainable growth
1
Lower leverage with
proceeds used to lower
Net Debt/EBITDA to 3.8-4.3x
Fawaz Abdulaziz Alhokair Co.
2
Additional funding to
support executing growth
plan and exploring new
initiatives
Investor Presentation
3
Greater cashflow headroom
accelerating ability to
distribute dividends
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