| Element List | Explanation |
|---|---|
| Introduction | With reference to Al Khuzama Trading Company announcement dated 13-01-2026, regarding the signing of a "preliminary non-binding memorandum of understanding" for the purpose of acquiring a 25% ownership stake in Unique Food Catering Company |
| Transaction Details | Al Khuzama Trading Company announces the signing of a sale and purchase agreement to acquire (25%) ownership shares in Unique Food Catering Company (Limited Liability Company - One Person Company). |
| Transaction Amount | SAR 35,000,000 Saudi Riyals |
| Transaction Conditions | The agreement includes the usual terms, conditions and guarantees provided by each party as is customary in such transactions, including the completion of due diligence and the signing of final agreements between the parties. |
| Parties of the Transaction | Al Khuzama Trading Company, as the buyer Mr. Bandar Khalid Abu Saman, owner of Unique Food Catering Company (Limited Liability Company – One-Person Company), as the seller |
| Transaction Financing Method | The deal will be financed through the company's internal resources and available financial facilities. |
| Date of Entering Into The Transaction | 2026-04-09 Corresponding to 1447-10-21 |
| Description of Activity of The Asset Subject of The Transaction | Unique Food Company operates in the restaurant, fast food, and breakfast sectors. |
| Financial Statements for the Last Three Years of the Asset forming the Subject Matter of the Transaction | Revenue for the last three years: 2023 revenue amounted to SAR 28,711,706 2024 revenue amounted to SAR 39,866,039 2025 revenue amounted to SAR 59,450,293 |
| Transaction reasons | This deal comes as part of Al Khuzama Trading Company strategy to enhance its market share and expand in the restaurant and fast food sector, through entering into quality investments and strategic partnerships that support the diversification of its business portfolio and keep pace with growth aspirations in the local market. |
| Expected Impact of the Transaction on the Company and Its Operations | The financial impact of this transaction is expected to appear after the transfer of ownership is completed and the results of the company's share are reflected in the financial statements. The financial impact cannot be accurately determined at the present time. |
| Related Parties | None |
| Additional Information | Further to the disclosure requirements regarding the material development announced on January 13, 2026, concerning the signing of a preliminary, non-binding memorandum of understanding with Unique Food Catering Company, the company has added the necessary details to this announcement. It should be noted that the completion of the share transfer is subject to obtaining the necessary approvals for the economic non-concentration review from the General Authority for Competition. |