The Extraordinary General Assembly of Action Energy Company, held on October 5, 2025, also approved increasing the issued and paid-up capital from KWD 20,000,000 to KWD 37,500,000 by issuing 175,000,000 new shares (equivalent to KWD 17,500,000) at a nominal value of 100 Fils per share, representing a bonus share distribution of 87.5%.
The bonus shares will be distributed free of charge to shareholders registered in the company’s records as of the date of the General Assembly meeting.
The Board of Directors was authorized to dispose of fractional shares resulting from the bonus share distribution in the manner it deems appropriate.