| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement made by Dr. Soliman Abdel Kader Fakeeh Hospital Company (the “Company”), which was published on the Saudi Stock Exchange's (Tadawul) website on 19/11/1447H (corresponding to 06/05/2026G) in respect of the signing of a binding Share Purchase Agreement (the “Agreement”) with all shareholders of Dr. Mohammed Bin Rashid Al Fagih & Partners Company (the “Target Company”) to acquire 100% of its share capital in exchange for a total cash amount of SAR 1,595,625,000 (the “Transaction”). The Company wishes to announce that the General Authority for Competition has issued a non-objection regarding the economic concentration resulting from the Transaction on 11/06/2026G (corresponding to 25/12/1447H). The Company notes that the Transaction remains subject to a number of other conditions. |
| Previous Announcement | Dr. Soliman Abdel Kader Fakeeh Hospital Company announces the signing of a binding Share Purchase Agreement to acquire 100% of Dr. Mohammed Bin Rashid Al Fagih & Partners Company (the “Target Company”). |
| Date of Previous Announcement on Saudi Exchange’s Website | 2026-05-06 Corresponding to 1447-11-19 |
| Hyperlink to the Previous Announcement on the Saudi Exchange Website | Click Here |
| Latest Developments Of The Announced Event | The issuance of the non-objection of the General Authority for Competition on the completion of the economic concentration resulting from the Transaction. |
| Reasons For The Delay on The Date of The Event Previously Announced | N/A |
| The costs associated with the event, and if they have changed or not with indication of the reasons. | N/A |
| Delay consequences on the Company’s financial results | N/A |
| Additional Information | The Company will announce any other material development(s) in due course. |