Mayar Holding Company announces a request to withdraw the file to increase the company’s capital by offering priority shares from the Capital Market Authority to complete the requirements, resubmit the application again, and announce the relevant developments in a timely manner

Mayar Holding Company announces a request to withdraw the file to increase the company’s capital by offering priority shares from the Capital Market Authority to complete the requirements, resubmit the application again, and announce the relevant developments in a timely manner



Element List

Explanation

Introduction

With reference to Mayar Holding Company’s announcement dated 07/09/1445 H corresponding to 01/21/2024 G - regarding the request to withdraw the file of increasing the company’s capital by issuing priority rights shares from the Capital Market Authority to complete some requirements and resubmit the request again. Mayar Holding Company would like to announce to shareholders the decision of the Board of Directors dated 11/21/1445 H corresponding to 05/29/2024 G to postpone the Board’s recommendation to the Extraordinary General Assembly regarding increasing the company’s capital by issuing priority rights shares.

Previous Announcement

Mayar Holding Company announces a request to withdraw the file to increase the company’s capital by offering priority shares from the Capital Market Authority to complete the requirements, resubmit the application again, and announce the relevant developments in a timely manner

Date of Previous Announcement on Saudi Exchange’s Website

2024-01-21 Corresponding to 1445-07-09

Hyperlink to the Previous Announcement on the Saudi Exchange Website

Click Here

Latest Developments Of The Announced Event

Postponing the Board of Directors’ recommendation to the Extraordinary General Assembly to increase the company’s capital by offering