Development Works Food Co. Announces Appointment of a Financial Advisor to Manage Subscription to Right Issues

Development Works Food Co. Announces Appointment of a Financial Advisor to Manage Subscription to Right Issues

13 February 2024 03:42 PM

DWF

6013

28.80%

128.80

28.80

Element List

Explanation

Introduction

Regarding the announcement of the Development Works Food Co. (the Company) published on the Tadawul website on Wednesday 21-06-1445 corresponding to 03-01-2024 regarding the Board of Directors’ recommendation to increase the company’s capital by offering priority rights shares, the Company would like to announce to its shareholders that it has Appointing a financial advisor to manage the subscription to rights shares.

Name of Financial Advisor

Yaqeen Financial Company “Yaqeen Capital”.

Financial Advisor Appointment Date

2024-02-13 Corresponding to 1445-08-03

Additional Information

The company will announce when submitting the capital increase file to the Capital Market Authority, and any future developments that may occur.

Development Works Food Co. Announces Appointment of a Financial Advisor to Manage Subscription to Right Issues