Al-Omran allows issuance of prospectus for a capital increase through the offering of priority rights shares

Al-Omran Industry and Trade Company announced on Tuesday that access to the rights issue prospectus attached below, and published on the website of the Capital Market Authority.

It noted that the offering priority rights shares under this Prospectus depends on the approval of the shareholders at the above-mentioned Extraordinary General Assembly meeting.

This comes with reference to the approval of the Capital Market Authority to increase the capital of Al-Omran Industry and Trade Company by an amount of SAR 60 million Saudi riyals on 10/09/2023 through the issuance of rights issue, and the company’s announcement on the Tadawul website on 16/10/2023 inviting its shareholders to attend the extraordinary general assembly meeting that includes increasing the company’s capital.

And with the desire of Al-Omran Industry and Trade Company to provide information related to the offering before the Extraordinary General Assembly, which is scheduled to be held, God willing, at exactly Seven in the evening on Wednesday 08/11/2023, at the company’s headquarters located in Riyadh through modern technical means remotely using the Tadawulaty service website, to vote on the capital increase and the amendment of the Articles of Association.