Addendum announcement from Saudi Cable Company Regarding Appointing an Underwriter and a Financial Advisor to Increase Capital by Offering Rights Issues

Addendum announcement from Saudi Cable Company Regarding Appointing an Underwriter and a Financial Advisor to Increase Capital by Offering Rights Issues

Change on the Development The appointment of Al Bilad Capital as an underwriter, in addition to appointing him as a financial advisor to increase the capital by offering Rights Issues for four hundred million riyals (400,000,000) riyals at the nominal value of the share (ten riyals). Saudi Cable Company will make an announcement upon submitting the application of the Capital Increase by offering Rights Issue to the Capital Market Authority and any other material developments pertaining to the subject once occurring in accordance with the Capital Market Authority’s regulations and the Saudi Exchange’s (Tadawul) rules, and in accordance with the financial restructuring proposal submitted to the Commercial Court in Jeddah. Addendum announcement from Saudi Cable Company Regarding Appointing an Underwriter and a Financial Advisor to Increase Capital by Offering Rights Issues