Al-Omran submits to CMA capital increase file through offering rights issue of SR60 mln

The Al-Omran Industrial Trading Company announced on Monday the application submission to the Capital Market Authority for its approval on to 11/12/2022.

The capital increase is subject to the applicable regulatory approvals, including the approval of the Company’s extraordinary general assembly.

The Company will announce any material developments as required by applicable rules.

Further to the company’s announcement on Tadawul’s website on 21/08/2022 regarding the Board of Directors’ recommendation to increase the company’s capital by offering rights issue shares with a total amount of SR60,000,000.