Riyadh – Mubasher: The Securities Depository Center Company (Edaa) has announced the successful implementation of a securities quantity increase for Naseej for Technology Company, according to an official statement.
The adjustment was applied to the accounts of all eligible securities holders on 21 May 2026, marking the completion of the formal depository procedures required for the company’s recent corporate action.
Edaa confirmed that the increase in the number of shares for Naseej for Technology has been officially recorded in its centralized system.
This move follows the standard protocols for corporate actions within the Saudi capital market, ensuring that the updated holdings are accurately reflected in the investment portfolios of eligible shareholders.
As the primary entity responsible for the registration, settlement, and safekeeping of securities traded on the Saudi Exchange (Tadawul), Edaa plays a pivotal role in maintaining the integrity of shareholder data.
The increase in securities quantity is a technical process that involves the electronic distribution of shares into the accounts of investors who met the eligibility criteria on the specified record date. Meanwhile, this administrative step is essential for the seamless transition of the company’s capital structure and allows for the newly issued securities to be available for trading and other market activities.
By finalizing the entry into the depository system, Edaa ensures that the total outstanding shares of Naseej for Technology are reconciled across all brokerage and custodial platforms.
Eligible shareholders will see the adjusted quantity of Naseej for Technology securities in their accounts, reflecting their updated ownership stakes.
It is worth noting that Edaa’s automated systems are designed to handle such large-scale adjustments with high precision, minimizing the potential for manual errors and ensuring that the rights of every shareholder are preserved according to the regulatory framework of the Capital Market Authority (CMA).
Tadawul recently announced the formal change to Naseej for Technology’s daily fluctuation limits.
